Nokia looks to make a comeback

Josh Peterson Contributor
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As Nokia fights to regain its footing, the company recently abandoned Symbian and MeeGo to instead adopt Windows Phone in an effort to stabilize its declining smartphone business. But that move only addresses half of Nokia’s problem. A firm position in the big-margin smartphone market will be paramount to the vendor’s success moving forward, but the market for low-cost devices is still massive. Just as Nokia’s smartphone sales have spiraled downward in recent quarters, Nokia’s feature phone business been in sharp decline as well. Nokia took drastic measures in an effort to turn its smart device business around, and it now appears as though the Finnish phone maker also has big plans for its low-end phones.

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