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Nokia, Apple, and the Future of Smartphones

By Chris Hill - Apr 18, 2013 at 7:20PM

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Can Nokia survive a quarter like this?

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 (NOK 4.50%) 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

For the full video of today's MarketFoolery, click here.

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Stocks Mentioned

Apple Inc. Stock Quote
Apple Inc.
AAPL
$147.11 (3.19%) $4.55
Nokia Corporation Stock Quote
Nokia Corporation
NOK
$4.88 (4.50%) $0.21
Microsoft Corporation Stock Quote
Microsoft Corporation
MSFT
$261.12 (2.26%) $5.77

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