{"id":36600,"date":"2015-07-16T10:05:17","date_gmt":"2015-07-16T14:05:17","guid":{"rendered":"https:\/\/cablemanpro.com\/wallstreetpr\/?p=36600"},"modified":"2015-07-16T10:05:17","modified_gmt":"2015-07-16T14:05:17","slug":"nokia-corporation-adr-nysenoks-return-to-phone-market-is-no-way-near","status":"publish","type":"post","link":"https:\/\/cablemanpro.com\/wallstreetpr\/nokia-corporation-adr-nysenoks-return-to-phone-market-is-no-way-near-36600","title":{"rendered":"Nokia Corporation (ADR) (NYSE:NOK)&#8217;s Return To Phone Market Is No Way Near"},"content":{"rendered":"<p style=\"text-align: justify;\">The once upon a time King of the phone market, <strong>Nokia Corporation (ADR)(NYSE:NOK)<\/strong>, does not intend to <a href=\"http:\/\/www.cnbc.com\/2015\/07\/15\/nokia-return-phone-business-complicated.html\">return<\/a> to the same business anytime sooner.<\/p>\n<p style=\"text-align: justify;\">Ever since Nokia sold its device business to tech giant <strong>Microsoft Corporation (NASDAQ:MSFT)<\/strong>, analysts and market experts have been questioning whether it will return to the market or not. In a recent post, Nokia tried to answer all such questions saying &#8220;it&#8217;s complicated.&#8221;<\/p>\n<p style=\"text-align: justify;\"><strong>Insights On The Matter: <\/strong><\/p>\n<p style=\"text-align: justify;\">Nokia answered doubts of many through a blog post on its official site and wiped out all the possibilities of a comeback. Robert Morlino, Spokesperson of Nokia who wrote the blog, stated that Nokia had ruled the market for as long as 14 years; however, things have changed now.<\/p>\n<p style=\"text-align: justify;\">Even though, Morlino abolished all the possibilities of returning to the market in the near future, but he clarified that doors were not closed for the company. According to him, Nokia would return to the market, but not in the same form as it used to be during its peak time.<\/p>\n<p style=\"text-align: justify;\">The perfect path for Nokia to return to the phone industry is through licensing model. In simple words, Nokia would look for a partner that could look after all the sales, manufacturing, consumer support and marketing activities.<\/p>\n<p style=\"text-align: justify;\">His blog made public that Nokia would produce the technology and design while its partner would take all other responsibilities. His words made sense knowing the fact that when Microsoft bought Nokia for $7.2 billion in 2013, it didn&#8217;t only acquired phone business, but also the marketing, manufacturing and distribution rights from the company. The deal also made sure that the company wouldn&#8217;t return to the market before 4Q2016.<\/p>\n<p style=\"text-align: justify;\">Nokia Corporation (ADR) (NYSE:NOK) won&#8217;t be returning to the market before the end of 2016; however, it will be great to see which way the company opt for, once this duration gets over.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The once upon a time King of the phone market, Nokia Corporation (ADR)(NYSE:NOK), does not intend to return to the same business anytime sooner. Ever [&hellip;]<\/p>\n","protected":false},"author":32,"featured_media":15925,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"rop_custom_images_group":[],"rop_custom_messages_group":[],"rop_publish_now":"initial","rop_publish_now_accounts":{"twitter_2902945987_2902945987":""},"rop_publish_now_history":[],"rop_publish_now_status":"pending","footnotes":""},"categories":[263],"tags":[1637,738,2817,672],"stock_ticker":[],"class_list":["post-36600","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-technology","tag-microsoft-corporation-nasdaqmsft","tag-nasdaqmsft","tag-nokia-corporation-adr-nysenok","tag-nysenok","entry"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.9 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Nokia Corporation (ADR) (NYSE:NOK)&#039;s Return To Phone Market Is No Way Near - Wall Street PR<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/cablemanpro.com\/wallstreetpr\/nokia-corporation-adr-nysenoks-return-to-phone-market-is-no-way-near-36600\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Nokia Corporation (ADR) (NYSE:NOK)&#039;s Return To Phone Market Is No Way Near - Wall Street PR\" \/>\n<meta property=\"og:description\" content=\"The once upon a time King of the phone market, Nokia Corporation (ADR)(NYSE:NOK), does not intend to return to the same business anytime sooner. 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