Nokia To Sell Mobile Business In 2013? Unlikely
Since Nokia hit rock bottom, speculations that the company is selling off its mobile business has been plentiful, and rightfully so because recent times saw Nokia investing a lot in mapping and other software products.
Nokia has since denied these rumors as it continues on the long and difficult journey of trying to stay relevant in an industry that is more hostile than an alien planet. However, nothing Nokia says is bound to stop analysts from speculating doom and gloom as the company's new Windows Phone 8 devices are not exactly creating much confidence.
Forbes writer, Tristan Louis is the latest person to predict Nokia's complete downfall in the business of hardware. Louis speculates this will happen in 2013, a very broad and controversial prediction with a bit of irrationalism. Louis claims Microsoft or Huawei could be potential buyers of Nokia's mobile platform in 2013.
"The biggest shocker (and what I suspect will be my most controversial prediction), though, will be the departure of Nokia from the phone business as the company sells its mobile operation and infrastructure divisions to Huawei in order to focus on software and services. With the company's bet on Windows 8 having failed in the marketplace, it will see Microsoft and Huawei competing for the mobile device division and will eventually sell its smartphone group to Microsoft and the rest of its telecom interests to Huawei," noted Louis.
Nokia may not be in the best shape, but it is unlikely the company would kick the bucket in 2013. Nokia gained market share late last year, mainly due its Asha line of feature phones doing well in emerging markets, and a slight push by the Lumia line of Windows Phone devices.
Nokia managed to garner quite a lot of attention with the announcement and release of the Lumia 920, and with the upcoming $250 mid-range Lumia 620, things could be looking up for the Finnish giant.