"NOKIA SHARES ARE AT THEIR LOWEST PRICE SINCE 1996"
On Saturday the organization's common inventory finished trading at $1.92, a cost last seen for the organization's stocks on 4 Apr, 1996
The nosedive comes for no apparent reason, as Htc hasn't made any significant changes instantaneously and is yet to declare its every quarter finanacial records. However, it is apparent that the firm is having difficullties to contend against Apple company and New samsung.
The decrease could be related to the fact that Htc is having difficulties to switch its Lumia mobile phones, since they won't be improved to Microsoft windows Cell phone 8.
Still, we can't help but think that such an surprising drop could mean that a acquistion might soon be on the cards. Gossip recommend that both Ms and New samsung could be audience of the company as they both look to be expanded their certain domain portfolios.
Nokia's next income call will be organised on 19 September, and if the instantaneously dip in its inventory cost is anything to go by, the Finnish phone manufacturer won't be stating a recovery to success.
Nokis was not available to thoughts at the time of book.
