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Apple Should Buy Nokia

Hugh Pickens writes (1984118) writes | about 2 years ago

Businesses 0

Hugh Pickens writes writes "Nokia has seen better days. The Finnish phone maker continues to struggle to gain traction in a marketplace dominated by Apple and Android, and its new flagship device, the Windows-powered Lumia 920, failed to impress investors when it was announced last month, subsequently causing the company's stock to dive. Now Tristan Louis argues that there are four good reasons Apple should dig into its deep pockets and buy Nokia. First Nokia has really powerful mapping technology. Apple Maps isn't very good, and Apple has been feeling the heat from a critical tech press but Nokia has been doing maps "for a long time now, and they have access to even more data than Google," Next Nokia has a treasure chest of patents and as Apple's recent smackdown of Samsung proves, the future of the mobile space "will be dictated by the availability and ownership of patents," Nokia's exhaustive portfolio of patents might be worth as much as $6 billion to $10 billion, a drop in the bucket from Apple's $100 billion war chest. Nokia could also help with TV . If Apple truly wants to dominate the TV arena, it'll have to beam shows and movies to iPhones or iPads in real-time and that's a field Nokia has some expertise in. Finally Microsoft has a lot riding on the release of Windows Phone 8, and Nokia is its primary launch partner. Buying Nokia would "knock Microsoft on its heels," says Forbes' Upbin. If Apple were to acquire Nokia, it'd be "something pretty close to a deathblow" for the house that Gates built."

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