This Day On The Street
Continue to site right-arrow
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
Stocks Under $10 with 50-100% upside potential - 14 days FREE!

Nokia Set to Go Windows or Android

Stocks in this article: NOK GOOG AAPL MSFT RIMM

NEW YORK ( TheStreet) -- Nokia (NOK) is preparing to join forces with Microsoft (MSFT) or Google (GOOG), or even both, in a bold bid to reenter the U.S. smartphone market.

CEO Steve Elop is expected to announce a new operating system partnership during the company's analyst day Feb. 11, and analysts say Microsoft's Windows Phone 7 or Google's Android software are the likely choices.

Nokia's new chief Steve Elop

Elop was plucked from Microsoft last year to marshal a turnaround that would pull Nokia out of its lethargic slump and better compete with the likes of Apple (AAPL), Samsung and Research In Motion (RIMM).

Elop offered only hints at what direction the company was going, like how the strategy would be "elegant in its simplicity."

Analysts took some guesses at door #1 and door #2.

"Moving to Windows 7 is probably not as "simple or elegant" as moving to Android and does not bring Nokia into a much larger ecosystem," Morgan Stanley analyst Ehud Gelblum wrote in a note Friday.

But the fact that Elop hails from Microsoft has always presented a more obvious preference.

"Microsoft and Nokia makes a lot of sense for both parties," said Roger Entner of Recon Analytics, a Boston-based wireless research and strategy shop. "Microsoft would give Nokia a global phone presence. And with Android, they would just be one of many players," Entner said.

One thing seems certain: The current plan isn't the best option.

"Staying with Meego or Symbian in smartphones would probably be seen as the worst strategy by investors," Gelblum wrote.

Nokia posted another decrease in earnings and a continued drop in market share to 31% from 35% in the year-ago period Thursday.

But shares of the Finnish phone shop were up 3% Friday in anticipation that any new strategy from Elop would be a positive development.

--Written by Scott Moritz in New York.

>To contact this writer, click here: Scott Moritz, or email:

To follow Scott on Twitter, go to

>To send a tip, email:

Select the service that is right for you!

Action Alerts PLUS
Try it NOW

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
TheStreet Quant Ratings
Try it NOW
Only $49.95/yr

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
  • Upgrade/downgrade alerts
Stocks Under $10
Try it NOW

David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Dividend Stock Advisor
Try it NOW

Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Real Money Pro
Try it NOW

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:
  • Real Money + Doug Kass Plus 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
Try it NOW

Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!


DOW 18,053.71 +23.50 0.13%
S&P 500 2,088.77 +6.89 0.33%
NASDAQ 4,806.8590 +33.3870 0.70%

Brokerage Partners

Rates from

  • Mortgage
  • Credit Cards
  • Auto

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs