Nokia is #1 outside of these shores, so that’s the leverage they bring. I’m wondering if it’s not a good time dump some of Apple stock. It’s definitely a critical time for the company, all of the above, plus Steve’s health.
On the other hand, in a couple months they’ll have new versions of their key products, iPhone and iPad (and most likely the iPod), that, as is usually the case, the competition will have to start chasing.
Nokia was my favorite long before Apple thought of making a phone, but I'm worried they've slid too far. Their smartphone marketshare has been dropping drastically every year since around 2007. That plus a WP7 switch means abandoning all existing developers, hitching onto a platform with few existing applications (although a lot of potential developers). Even if a decent Nokia WP7 phone is released this year, I don't think they could stauch the arterial market share bleeding until at least 2013. By then, who knows that Android, RIM and Apple will have done to their marketshare. Nokia could end up stabilizing at a lower position than the others.