Free Article Join Over 1 Million Premium Members And Get More In-Depth Stock Guidance and Research

Nokia, Apple, and the Future of Smartphones

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

You’re reading a free article with opinions that may differ from The Motley Fool’s Premium Investing Services. Become a Motley Fool member today to get instant access to our top analyst recommendations, in-depth research, investing resources, and more. Learn More

NASDAQ: AAPL

Apple Inc.

Market Cap

$2,381B

Today's Change

(3.19%) $4.55

Current Price

$147.11

Price as of May 13, 2022, 8:00 p.m. ET

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.

Stocks Mentioned

Apple Inc.

AAPL

$147.11 (3.19%) $4.55

Nokia Corporation

NOK

$4.88 (4.50%) $0.21

Microsoft Corporation

MSFT

$261.12 (2.26%) $5.77

*Average returns of all recommendations since inception. Cost basis and return based on previous market day close.

This Small Apple Business Has Massive Potential

3 Beaten-Down Growth Stocks to Buy Right Now

Why Apple Stock Withered on Wednesday

These 2 Nasdaq Stocks Could Carry Your Portfolio For Years

Market Crash: Monster Growth Stocks to Buy Right Away

Motley Fool Returns

Market-beating stocks from our award-winning service.

Stock Advisor Returns

345%

S&P 500 Returns

119%

Calculated by average return of all stock recommendations since inception of the Stock Advisor service in February of 2002. Returns as of 05/16/2022.

Discounted offers are only available to new members. Stock Advisor list price is $199 per year.

Join Stock Advisor

Cumulative Growth of a $10,000 Investment in Stock Advisor

Calculated by Time-Weighted Return since 2002. Volatility profiles based on trailing-three-year calculations of the standard deviation of service investment returns.