Roughly 18 months into his tenure as the CEO of Nokia (NYSE:NOK),
Stephen Elop hasn't yet proven much of anything about the future of
this former mobile device leader. The company has done a
better-than-expected job of cutting costs and its Nokia Siemens Networks
joint venture
is looking a lot better, but the company continues to lose mobile
device share at an alarming rate. While the company's ongoing existence
as a going concern is arguably not an issue, there's a great deal more
to do before the company can be considered a real turnaround stock.
Please read more down here:
http://www.investopedia.com/stock-analysis/041813/nokia-still-straddling-fault-lines-nok-aapl-goog-eric-si.aspx
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