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Nokia, Research In Motion, Apple, Google and Motorola


//science-technology.news-articles.net/content/2 .. esearch-in-motion-apple-google-and-motorola.html
Published in Science and Technology on Monday, September 13th 2010 at 14:10 GMT by Market Wire   Print publication without navigation


CHICAGO--([ BUSINESS WIRE ])--Zacks.com Analyst Blog features: Nokia Corp. (NYSE: [ NOK ]), Research In Motion Ltd. (Nasdaq: [ RIMM ]), Apple Inc. (Nasdaq: [ AAPL ]), Google Inc (Nasdaq: [ GOOG ]) and Motorola Inc (NYSE: [ MOT ]).

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Here are highlights from Fridaya™s Analyst Blog:

Nokia Sees Change at the Helm

Time is up for Mr. Olli-Pekka Kallasvuo, the beleaguered CEO of Nokia Corp. (NYSE: [ NOK ]). Today, the Board of Directors of Nokiamade a decision to replace Kallasvuo with Mr. Stephen Elop. Since last July, industry circle was rife with the speculation that Nokia management is desperately looking for a suitable replacement for its existing CEO. The change will take place on September 21, 2010.

Nokia is facing serious problems in the high-end feature-rich smartphone segment. Smartphones are expected to become the next-generation choice, taking over market share from basic mobile handsets. As of today Nokia is nowhere near iPhone, BlackBerry, or Android-powered mobile devices.

The company failed to understand the marketa™s preference for feature-rich PDAs and as a result gradually lost market share to Research In Motion Ltd. (Nasdaq: [ RIMM ]), Apple Inc. (Nasdaq: [ AAPL ]), and Google Inca™s (Nasdaq: [ GOOG ]) Android-based smartphones especially from a resurgent Motorola Inca™s (NYSE: [ MOT ]) DRIOD series.

While Nokia fails to get any meaningful foothold in the top-tier smartphone market, its core business area of mid-tier basic mobile phone is also facing tremendous pricing pressure from low-cost Asian manufacturers like HTC of Taiwan, Huawei Technologies and ZTE Corp. of China and Samsung and LG of South Korea. As a result, Nokiaa™s overall market share in the mobile phone segmentis down to just 33% from 45% a year-ago.

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