Nokia and Microsoft: two supertankers headed for a moving target

Friday 11 February 2011 | 12:03 CET | Author: Tim Poulus | Market Commentary
Nokia announced new strategic and financial plans. Central to the plan is a new, broad partnership with Microsoft, as well as a new company structure and investments in 'disruptive technology'. Nokia expects 2011 and 2012 will be transition years as a result of the shift in strategy and has withdrawn any financial guidance. The company still expects the market to show healthy growth thanks to the further rise of the smartphone, including in emerging markets ('the next billion'). Over the long term margin pressure is expected due to competition. The long-term outlook for the company's core

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This article is an opinion of Telecompaper.

Categories: Mobile & Wireless
Companies: Microsoft / Nokia / Nokia Siemens Networks
Countries: World
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