On Monday this week Nokia’s share price went up 7% in one day. Was this because of a new range of smartphones? Was it increased take-up of Windows Mobile 7? No, it was because Google announced it planned to acquire US handset maker Motorola for $12.5 (£7.7) billion.
We have previously commented about the death of Symbian-http://blog.wapple.net/the-death-of-symbian-is-another-new-and-exciting-start-for-nokia/ may,ironically, give a boost to Nokia’s future, but is the spike in the company’s share price a blip or a sea-change in the handset behemoth’s fortunes?
Nokia certainly seems to think it’s good news for the company and rushed out a statement that ‘opportunities for the growth of Nokia’s smartphone business will be greatest with the Windows Phone”. We agree with them, because Windows Mobile 7 is a great platform.
Naturally there are all types of theories about patents with some going as far to say that Google’s deal makes Nokia more attractive as an acquistion for Microsoft. But Microsoft has patents of its own and that makes Nokia’s acquisition less attractive. But, enough already of acquisitions, let’s hear it for the operating systems, may the best one win (the greatest market share).
