Filed under: Apple Inc (AAPL), International Business Machines (IBM), Nokia Corp. (NOK), Smartphones, Technology

It’s been a great year for Nokia (NYSE: NOK)’s investors, with the stock up about 76%.

But at its Investor Day conference, things were not so sanguine. The company announced that its operating margins should be 16%-17% over the next year or two - which was a bit disappointing.

Yet, the company expects to gain market share (especially in emerging markets like China), as well as introduce new content services. For example, the company struck a deal with Universal Music for free unlimited music downloads, so as to blunt Apple (NASDAQ: AAPL)’s iPhone.

I had a chance to interview Frank Dickson, who is the Chief Research Officer of MultiMedia Intelligence. According to him:

“Nokia is seemingly taking pages from the lesson book developed by IBM (NYSE: IBM). IBM was once the dominant PC manufacturer. As open platforms and technology vendors leveled the playing field, IBM lost its position to lower cost manufacturers. However, IBM was able to leverage its hardware position to create a value-added services business. Nokia, in turn, is leveraging its dominant position in handsets to create a value-added services offering to the end consumer.

Continue reading Nokia’s new tunes

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This entry was posted on Wednesday, December 5th, 2007 at 2:05 am and is filed under Stocks Money News. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.