Nokia Corporation (ADR) (NOK)’s New Phone

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Verizon Communications Inc. (NYSE:VZ) has been known to be ambivalent in the past, though. Big Red’s decision to bail on Palm in favor of its own Droid campaign was a death knell for Palm. The difference is that Palm was betting on carrier exclusivity, while Nokia Corporation (ADR) (NYSE:NOK) is diversifying with a wider range of carriers so its reliance any single carrier is less.

Nokia still plays the exclusivity game with carriers. The Lumia 920 is still an AT&T Inc. (NYSE:T) exclusive, but the slightly modified Lumia 928 is free to pair up with Big Red.

The article Nokia’s Newest Shining Lumia originally appeared on Fool.com.

Fool contributor Evan Niu, CFA, owns shares of Apple Inc. (NASDAQ:AAPL) and Verizon Communications (NYSE:VZ). The Motley Fool recommends Apple Inc. (NASDAQ:AAPL). The Motley Fool owns shares of Apple Inc. (NASDAQ:AAPL) and Microsoft Corporation (NASDAQ:MSFT).

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