Nokia Corp. (NYSE:NOK) Planning Huge 2011

Nokia Corp. (NYSE:NOK) has decided to launch 40 new models this year. Nokia Corp. (NYSE:NOK) Planning Huge 2011 This year, Nokia Corp. (NYSE:NOK) has decided to launch 40 new models in the market, 12 of which will be in the smart phone category, taking aim aquarely at Apple Inc. and its iPhone model. Nokia Corp. (NYSE:NOK) expects to regain its dominance in the smart phone category with the launch of its 12 new models. The price range of these models is yet to be disclosed. By launching this many phones Nokia Corp. (NYSE:NOK) is trying very hard to make its presence felt in the market. Nokia Corp. (NYSE:NOK) shares were at 8.72 at the end of the last day’s trading. There’s been a -17.2% movement in the stock price over the past 3 months. Nokia Corp. (NYSE:NOK) Analyst Advice Consensus Opinion: Moderate Sell Mean recommendation: 3.1 (1=Strong Buy, 5=Strong Sell) 3 Months Ago: 3.03 Zack’s Rank: 12 out of 16 in the industry
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