The following video is from Thursday's MarketFoolery podcast, in which host Chris Hill, along with analysts Jeff Fischer and Jason Moser discuss the top business and investing stories of the day.
Shares of Nokia (NYSE:NOK) plummeted on Thursday after the company reported a 31% drop in its mobile phone sales. Nokia's first-quarter loss was smaller than last year's, and sales of its Lumia smartphones increased. But sales in North America were down sharply. Is the market overreacting to Nokia's news? Should investors buy the embattled tech giant? In this installment of MarketFoolery, our analysts discuss the future of Nokia.
The relevant video segment can be found between 0:32 and 7:44
Chris Hill has no position in any stocks mentioned. Jason Moser has no position in any stocks mentioned. Jeff Fischer owns shares of Apple. The Motley Fool recommends Apple. The Motley Fool owns shares of Apple 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.