Tag Archives: NOK

Microsoft Acquires Nokia Phone Division for $7 billion

Microsoft has made yet another major acquisition after taking over Skype in 2011. According to the reports, Microsoft is acquiring the Nokia device and services unit for getting a strong foothold in the mobile phone industry. Nokia has been the biggest supporter of the Windows Phone 8 platform accounting for more than 82 percent of… Read More »

5 Reasons to Invest in Nokia (NOK)

In my previous post, Invest in Nokia (NOK), I mentioned that Nokia’s turnaround story is painting a stronger and brighter picture. In Q4 of 2012, the Finnish company has become profitable and put a stop on their negative cash flow. Nokia has made many strategic moves to restructure the company and reduce costs. Now that… Read More »

Invest in Nokia (NOK)

    Nokia (NOK) is in the midst of a great turnaround story. They are working to gain back market share in the mobile business and to return to positive cash flow. If Nokia continues to innovate, make strategic business decisions, and execute their plans well like they have done in the past six months,… Read More »