Friday, February 04, 2011

Speculation of Alliance With Microsoft Lifts Nokia Shares - NYTimes.com

I’m still betting on both Android and Windows Phone devices from Nokia

Shares of Nokia, the mobile phone market leader, climbed for a fourth day on Thursday amid speculation that the company may be poised to announce a software alliance with Microsoft designed to revive its struggling U.S. smartphone business.

Nokia’s shares have risen more than 4 percent since Monday when an analyst, Adnaan Ahmad of Berenberg Bank in Hamburg, urged the Nokia chief executive — and former Microsoft executive — Stephen Elop, to form an alliance that would put Microsoft’s Phone operating system on Nokia’s advanced smartphones.

Speculation of Alliance With Microsoft Lifts Nokia Shares - NYTimes.com

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