“Nokia Corporation (ADR) (NOK) Networks” Has a Nice Ring to It

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Nokia isn’t the only smartphone maker running Windows phone OS, but it’s the biggest by a wide margin. According to a Windows Phone developer blog, 80% of Windows phones sold globally are Nokia devices, led by its flagship Lumia 920. And news that Windows phone OS took over the No. 3 spot in Q1 of 2013 was as good for Nokia as it was for Microsoft.

The new Nokia Networks has the potential to accomplish a lot more than just drive positive quarterly results for Nokia. The soon-to-be former NSN will give Nokia and its shareholders what they need most: Time and the financial wherewithal to build on the small but steady successes in smartphones.

The article “Nokia Networks” Has a Nice Ring to It originally appeared on Fool.com and is written by Tim Brugger.

Fool contributor Tim Brugger has no position in any stocks mentioned. The Motley Fool owns shares of Microsoft.

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