This Day On The Street
Continue to site
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

Nokia's Windows Tablet Project On Hold?

NEW YORK ( TheStreet) - Can Nokia (NOK - Get Report)-manufactured Windows 8 tablets compete with Microsoft's (MSFT - Get Report) Surface? Nokia CEO Stephen Elop seems to think so. Will they? That's another story.

As a matter of public record, Elop recently stated that a Nokia tablet has great potential. Producing the tablets, he added, is of great interest to the company.

But now he may be backtracking a bit, telling The Verge that his company's still considering touchscreen PCs but is now "monitoring the dynamics" of producing such a device. He believes Nokia still has enough unique ideas about how to deliver a tablet which can compete in tomorrow's marketplace.

Currently, Nokia and Microsoft are tight partners when it comes to developing and making handsets which run on the Windows Phone 8 platform. But when it comes to tablets, Microsoft makes and sells these new Surface devices under its own brand name.

If Nokia were ready with a tablet of its own we probably would have heard about it from this week's Mobile World Congress taking place in Barcelona. Instead, Nokia announced new mid-priced and low-priced Lumia smartphones, as well as two new feature phones for developing markets. Those markets continue to provide Nokia with a steady stream of willing customers.

--Written by Gary Krakow in New York.

>To submit a news tip, send an email to:

Gary Krakow is TheStreet's senior technology correspondent.

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

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
Stocks Under $10

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

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
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!
MSFT $41.62 0.00%
NOK $7.62 0.00%
AAPL $124.75 0.00%
FB $80.78 0.00%
GOOG $524.05 0.00%


DOW 17,826.30 -279.47 -1.54%
S&P 500 2,081.18 -23.81 -1.13%
NASDAQ 4,931.8150 -75.9760 -1.52%

Partners Compare Online Brokers

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs