In the video below, Motley Fool analysts Austin Smith and Charly Travers discuss Nokia (NYSE:NOK). Charly, author of Motley Fool's premium research report on Nokia, speaks about some of the biggest opportunities for the company today.
Nokia is a very popular stock on The Motley Fool. The company has recently changed platforms to Windows. Since Nokia has virtually no presence in the North American market, there are some real opportunities for the company there. Nokia already has a strong presence in emerging markets like India and China, and it has a whole range of price points so that the company can have price offerings in places around the world.
Apple (NASDAQ:AAPL) is well respected, but there is a solid market for lower-priced phones in emerging markets, where the average yearly income is around just $4,000. Nokia has gotten on board with China Mobile (NYSE:CHL), which has over 700 million subscribers. As Apple is not with this carrier, this partnership could be huge opportunity for Nokia.
Austin Smith owns shares of Apple and Google. Charly Travers owns shares of Nokia. The Motley Fool owns shares of Apple, China Mobile, Google, and Microsoft. Motley Fool newsletter services recommend Apple, Google, and Microsoft. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.