The following video is from Thursday's MarketFoolery podcast, in which host Chris Hill, along with analysts Jason Moser and Andy Cross, discuss the top business and investing stories.
Nokia (NYSE:NOK) has released its quarterly earnings, and while it did report net profit, revenue was down, and the company is suspending its dividend, something that wasn't reassuring to the market. In this segment, the guys discuss several of the headwinds the company is facing, particularly the increased competition in this space right now.
The relevant video segment can be found between 16:23 and 20:31.
Andy Cross, Chris Hill, Jason Moser, and The Motley Fool have no position in any of the stocks mentioned. Try any of our Foolish newsletter services free for 30 days. We Fools don't 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.