Nokia Corporation (ADR) (NOK)’s Big New Announcement. Have You Heard?

Page 2 of 2

Nokia Corporation (ADR) (NYSE:NOK)Nokia Corporation (ADR) (NYSE:NOK) is moving into the low-income feature phone market in India with a new handset called the Nokia 105, which will hit store shevles in India later this month for about – get this – about $22. This is described as a feature phone for those on a “tight budget.” Ya think? Despite the lvery low price, Nokia says the handset – also launched at MWC last month – will feature a color screen, FM radio support as well as Nokia Life in some areas while running on the Series 30 platform like the Nokia 100 and 101 models.

What are your thoughts about these handset launches announced by Nokia Corporation (ADR) (NYSE:NOK)? Can these releases help Nokia gain market share in these various markets? Let us know your thoughts in the comments section below.

DISCLOSURE: I own no positions in any stock mentioned.

Page 2 of 2