Stock-Stalking BlackBerry and Nokia

Sara Cunningham April 1, 2013 0

BlackBerry (BBRY) graced the headlines just a few days ago when the company declared a surprise profit prompting their stocks to rise 4 percent. However it turned out to be a fluke because at the end of the day it reverted and ended up lower by 0.8 percent.

That doesn’t mean that BlackBerry is not worth betting your hard-earned money. The stocks may seesaw up and down. The point to be considered is that BlackBerry will not stay down for long.

Once you reach the bottom, there is no way but up. Blackberry is gaining back its feet slowly and turning the tide, with their BB10 handset enjoying a successful debut and Q10 handsets already have been anticipated by the market.

Blackberry Stocks 1

Blackberry stocks were reported as 68 percent bullish this past week and the trend will continue considering the imminent release of Q10 in the market this month.

President and CEO of Blackberry, Thorsten Heins, is optimistic that the company will be able to regain its footing in the Smartphone realms.

“In order to stay relevant, we have to build a portfolio,” he said in an interview with The Canadian Press. “We will bring it out at the moment when we can expect the biggest market attention for these products.”

Blackberry is definitely something to watch for and not to be dismissed lightly, in terms of stocks, it is worth looking into.

Nokia is in the same boat as Blackberry, when the Smartphone revolution happened they were both pushed in the corner.

But Nokia, like Blackberry should not be dismissed lightly in terms of future profitability. Windows Phone may not be selling like hotcakes, but it’s been recently rejuvenated and even out shipped Apple in some countries.

Nokia also has a solubility with roughly $6 billion net cash. NOK stocks were reported as 75 percent bullish this week and may continue the trend, since they’re beginning to capture the market that Apple is losing due to the high cost of iPhones in these areas.

Blackberry and Nokia at the time being holds third and fourth place in the market share of Smartphones, Android phones being the cream of the crop followed by Apple.

Blackberry OS currently has the third share and out running Windows Phone by a margin, time will tell if the Windows Phone will catch up. Nokia is not going away, it was a champion in Smartphone before and it can become a champion again in the future.

So, Blackberry and Nokia, whichever of them can turn out to be a dark horse in the future.

Recommended Products


Leave a Response»