Nokia Corporation (ADR) (NOK) News: Serious Loser, Multiple Platforms, Failed to Compete with Apple Inc. (AAPL) & More

Editor’s Note: Related tickers: Nokia Corporation (ADR) (NYSE:NOK), Microsoft Corporation (NASDAQ:MSFT), Apple Inc. (NASDAQ:AAPL), Google Inc (NASDAQ:GOOG)

Nokia’s Symbian Will Officially Jump Off Burning Platform (WallStCheatSheet)
If you’re still planning to purchase one of Nokia Corporation (ADR) (NYSE:NOK)‘s Symbian smartphones, you better do it soon, because the company is stopping shipments of the device this summer as it prepares to focus all of its energy into Microsoft Corporation (NASDAQ:MSFT)’s Windows platform, the Financial Times reported Tuesday. Though Nokia Corporation (ADR) (NYSE:NOK)’s smartphone reign once seemed indomitable, the Finnish group failed to effectively compete with Apple Inc. (NASDAQ:AAPL) once it launched its iPhone, and then made waves with consistent new innovation that Nokia was unable to keep pace with.

Nokia Corporation (ADR) (NYSE:NOK)

Nokia Corporation is regaining it market share from multiple platforms (CrazyJoys)
Nokia Corporation (ADR) (NYSE:NOK) is constantly losing its market share to Samsung, Apple Inc. (NASDAQ:AAPL), and other Android phone makers, but the smartphone manufacturer is working hard to regain its market share by focusing on low-priced Windows smartphones. The smartphone company at present has an 80% market share of the Windows Phone market, said AdDuplex. The company has freshly unveiled a cheaper variety of Lumia smartphones, which will aid Nokia Corporation (ADR) (NYSE:NOK) to capture larger market share in market like China and India and.

Nokia Suffers Yet Another Setback as Google Acquires Waze (247WallSt)
It is official news now that Google Inc (NASDAQ:GOOG) has decided to acquire Waze to enhance and maintain its dominant position with Google Inc (NASDAQ:GOOG) Maps. The news was confirmed on the official Google Inc (NASDAQ:GOOG) Blog. While financial terms were not disclosed, there is a serious loser here. Nokia Corporation (ADR) (NYSE:NOK) is on the wrong end of another outside merger. …Nokia Corporation (ADR) (NYSE:NOK) acquired NAVTEQ for what said to be $8 billion or so at the time. Before NAVYEQ was acquired by Nokia, the company bought the website and public company called Traffic.com. That is now Traffic Pulse, and it serves approximately 50 U.S. cities.

Nokia Corporation (ADR) (NYSE:NOK) Shake Hands with ONE to Fight Poverty (PropertyMentorGroup)
Advancing the power of mobile technology, Nokia Corporation (ADR) (NYSE:NOK) has collaboration with The ONE Campaign to support their mission of ending extreme poverty about the world. ONE’s new music-based campaign, agit8, releases today to showcase the incredible progress that has been made in the fight and to amplify the call for action. Extreme poverty has been cut in half in the last 20 years, and the facts show that it can be virtually eliminated by 2030, other than only if we act now.

Former Nokia manager to join Huawei (ChinaDaily)
A former Nokia Corporation (ADR) (NYSE:NOK) senior manager is set to join Huawei Technologies Co Ltd. Colin Giles, who was executive vice-president of Finnish-based Nokia Corporation (ADR) (NYSE:NOK), will assume a management position in Huawei Devices, a Huawei subsidiary, a Huawei official, who requested anonymity, confirmed to China Daily on Thursday. However, the official did not disclose the specific responsibilities that Giles is going to shoulder. Media reports suggest that the Australia-born Giles will take charge of global sales as he had been at Nokia before leaving in 2012.

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