Nokia the indestructible Nokia is an indestructible 150 year old Scandinavian corporation which has made everything from tyres to their iconic phones
Nokia once had a market cap bigger than apple
Whilst exoterically it may appear apple has won this is not the case
Nokia is much better positioned for the coming decades
Whilst apple is mainly a purveyor of slick hardware, the manufacturing of which it largely outsources …
Nokia has spent billions on positioning itself for the coming Fourth Industrial Revolution
Nokia builds hardware for 5g, 6g and IoT and software for cybersecurity, automation, M2M, ML and blockchain
Nokia has a huge r&d division- Nokia Bell Labs
Nokia will be bigger than Apple once again
GRI 2023
Note- chart set up with pending multi year breakout, bullish divergence, local inverse head and shoulders
Monthly set up shown with fib levels
Major pivots
Major downtrend
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