Forbes Predicts Nokia Corporation (ADR) (NYSE:NOK) May Sell Its Flagship Business - ARRS, QCOM, SONS

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It is the beginning of a new year, and everybody is busy making forecasts like always. But one of the most appallingforecasts comes from Forbes, which has anticipated that Nokia Corporation (ADR) (NYSE:NOK) may wind up selling its mobile unit.

Can Investors Bet on NOK after this News update? Find out in this Research Report

The forecastdiscloses that it is bound to be the most controversial one, but however states that 2013 will be the year that Nokia divests its phone business and infrastructure units to Huawei so that it can emphasis more on its software and services.

This would be a lead up to Nokia's bets on Microsoft Corporation (NASDAQ:MSFT)'s Windows Phone 8 missing the mark, and wind up with it selling its smartphone group to Microsoft and the remainder of its telecom interests to Huawei.

So far today, Nokia Corporation (ADR) (NYSE:NOK) shares up +1.82% to $4.18 while the stock is changing hands within a range of $4.08 – $4.22. In the past year, the stock has traded between $1.63 and $5.87. Its average daily trading volume is 64.72 million shares.

For How Long NOK will Fight for Profitability? Read This Trend Analysis report

Looking at other stocks within industry, Arris Group, Inc., QUALCOMM, Inc and Sonus Networks, Inc were in the top gainers list. Let’s have a quick look on their Market performance.

Arris Group, Inc. (NASDAQ:ARRS) shares are up +0.91% to $15.45 while the stock is trading within the range of $15.17 – $15.48 in the current trading session. In the last 12 months, shares have floated between $10.46 and $15.90. This stock, on average, has trading volume of 1.21 million shares.

Will ARRS Continue To Move Higher? Find Out Here

In this session so far, QUALCOMM, Inc. (NASDAQ:QCOM) shares moved increased +0.23% reaching $64.90. The stock is trading in a range of $64.62 – $65.19. In the last year the stock has moved within a range of $53.09 – $68.87. The Company’s average daily trading volume is 11.91 million shares.

What was the Moving Force behind QCOM On Bullish Run? Read This Research Report

Another rival company, Sonus Networks, Inc. (NASDAQ:SONS), is advanced +11.28% higher to $2.17. The stock price is hovering in range of $1.95 to $2.22. In the previous 52 weeks, shares price ranged between $1.36 and $3.11. Their average daily trading volume is 1.61 shares.

Why Should Investors Buy SONS After The Recent Gain? Just Go Here and Find Out

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