Nokia and the turnaround story named Lumia

The legendary Nokia 1110/1110i, the highest sold mobile device of all time
The legendary Nokia 1110/1110i, the highest sold mobile device of all time

Those of you who, like me, were using a cell phone in the early 2000’s, must have heard of Nokia. It was the undisputed number one brand for mobile device manufacturing. A decade later, when our world is filled with smartphones and iPad-type of tablets, Nokia seems to have vanished from the phone stores, especially in the US. Well, the company’s stock price has plunged just about as fast: it lost 90% of value in the last 5 years following the launch of the legendary Apple iPhone. So what has been going on with Nokia? Does their stock make for a good investment at this moment? My answer is yes. Continue reading Nokia and the turnaround story named Lumia