Nokia (NOK) Goes After Apple (AAPL), Maybe

Telecom & Wireless

Published: February 16, 2009 7:18 am

Last Updated: April 28, 2020 2:49 am

Nokia (NOK) is starting a software store for its handsets. According to MarketWatch, it will be “an online bazaar that will allow users to buy music or films as well as applications directly from their mobile phone.”

The Nokia project looks a great deal like Apple’s (AAPL) iPhone software business and another service which is growing rapidly to serve the the Google (GOOG) Android handset operating system.

Nokia may be late to the market, but is has one important advantage. It controls almost 40% of the global handset business and has relationships with every major carrier in the world.

Nokia is launching several products to compete with Apple’s iPhone and the RIM (RIMM) Blackberry. While Nokia’s attempt to get market share at the highest end of the handset market may not be entirely successful, it should significantly disrupt the industry as it tries to elbow its way in.

Douglas A. McIntyre

The Average American Has No Idea How Much Money You Can Make Today ^(Sponsor)

The last few years made people forget how much banks and CD’s can pay. Meanwhile, interest rates have spiked and many can afford to pay you much more, but most are keeping yields low and hoping you won’t notice.

But there is good news. To win qualified customers, some accounts are paying almost 10x the national average! That’s an incredible way to keep your money safe and earn more at the same time. Our top pick for high yield savings accounts includes other benefits as well. You can earn up to 3.80% with a Checking & Savings Account today Sign up and get up to $300 with direct deposit. No account fees. FDIC Insured.

Click here to see how much more you could be earning on your savings today. It takes just a few minutes to open an account to make your money work for you.

Our top pick for high yield savings accounts includes other benefits as well. You can earn up to 4.00% with a Checking & Savings Account from Sofi. Sign up and get up to $300 with direct deposit. No account fees. FDIC Insured.

¹https://www.fdic.gov/national-rates-and-rate-caps