Perhaps, but I don't think anyone believes Nokia has the know-how to develop something "game-changing" enough to disrupt Apple or Samsung. For that matter, it still lacks the enterprise advantage of RIM. But I don't think this should be its focus either.
Make no mistake: Nokia is never going to scare RIM, much less Apple or Samsung. But it needs to prove that it can at least win in the lower-end phone market. This will require producing phones that consumers will want and gaining enough market share from names such as
If Nokia can follow Samsung's model of beating Apple on price, which has proven effective to propel it to #1 in overall sales, then Nokia has a decent shot at prolonging its inevitable demise. Its recent focus has been on the lower-end phone market. In that regard it is not faring all that well either as competition for China and India continues to eat away at its margins.
But the sad reality is, not only has it proven that it can't compete, it is running out of time.
At the time of publication, the author was long AAPL and held no position in any of the other stocks mentioned
This article was written by an independent contributor, separate from TheStreet's regular news coverage.