The following video is part of this week's MarketFoolery podcast, in which host Chris Hill, along with Bill Mann, Tim Hanson, and Joe Magyer, discuss the latest business news. Nokia will begin selling its first-ever smartphone in China next month. Will the new phone enable Nokia to reclaim its No. 1 spot in the market? The guys analyze the challenges facing Nokia and what it means for an important partner like Microsoft.

Chris Hill owns shares of Microsoft. The Motley Fool owns shares of Microsoft, Apple, and Google. Motley Fool newsletter services have recommended buying shares of Nokia, Apple, Google, and Microsoft and creating bull call spread positions in Apple and Microsoft. The Motley Fool has a disclosure policy. We Fools don't all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. Try any of our Foolish newsletter services free for 30 days.