With a temporary reprieve from European calamity as markets across the pond were up, the internet was afforded the opportunity to report on events from elsewhere in the investing universe: namely, the BRICS. Stories on Chinese state propaganda IPOs, Indian state banks, and Russian search engines were the highlights of today’s web offerings.
I’ve been getting a lot of questions surrounding Nokia’s (NOK, quote) earnings about what’s the best way to play it. First let me start out and restate my sentiment from my previous post last week on Nokia. “Just Say Stay Away!” but I know many will attempt to game this low price but expensive stock.
Nokia’s (NOK, quote) high hopes of competing with Apple’s (AAPL, quote) iPhone and the highly anticipated iPhone 5 with the Lumia 900 seems to be falling short. The Lumia 900, which runs the Microsoft operating system turns out to have a software bug that drops the data feed of the smartphone. The phone was marketed and branded as the phone that’s “simple to use” and “just works.”