Has Nokia Corporation (NOK) Built an Android Killer?

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No real competition
The other reason why Android has been so successful in emerging markets is because Android hasn’t had any major competition in the lower-end smartphone segment until now. With the introduction of the Lumia 620 and other low-cost Windows smartphones on the horizon, Android is going to be tested in terms of its strength. Although we don’t know exactly how Android will fare against a formidable low-end competitor, we know that Nokia is addressing its feature phone problems through an aggressive approach of offering high-quality smartphones for a low price. The Lumia 620 should be taken as an indication that Nokia Corporation (ADR) (NYSE:NOK) is determined to regain its place as a top-five smartphone manufacturer in the coming years. Between its return to profitability and seemingly high growth potential ahead in emerging markets, I think it’s time to put Nokia on your watchlist.

The article Has Nokia Built an Android Killer? originally appeared on Fool.com and is written by Steve Heller.

Fool contributor Steve Heller owns shares of Google. The Motley Fool recommends Google. The Motley Fool owns shares of Google, Microsoft, and Qualcomm.

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