Three Points Nokia Corporation (ADR) (NOK) Bulls Should Consider

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Nokia is in the midst of reinventing itself. Unlike its smartphone partner Microsoft Corporation (NASDAQ:MSFT), Nokia isn’t attempting to shift its market focus; it’s not essentially tweaking some things here and there to better position itself, as Microsoft is in the mobile and cloud computing spaces. Elop is fundamentally changing Nokia, and that’s a time-consuming process.

For Nokia Corporation (ADR) (NYSE:NOK) believers — and you can count me among that group — Q1 results shouldn’t dissuade you. Was it pretty? No, but we knew it wouldn’t be, at least at first glance. But Lumia sales rose compared to the all-important holiday season, Nokia’s net cash position got even stronger, and Nokia Siemens continues to provide Elop and team with what they need most: time to complete its transformation.

The article 3 Things Nokia Fans Should Consider Before They Panic originally appeared on Fool.com.

Fool contributor Tim Brugger has no position in any stocks mentioned. The Motley Fool recommends Apple Inc. (NASDAQ:AAPL) and Google Inc (NASDAQ:GOOG). The Motley Fool owns shares of Apple, China Mobile, Google, and Microsoft.

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