Nokia stock

Nokia Corporation is a Finnish multinational telecommunications, information technology, and consumer electronics company, founded in 1865. Nokia's headquarters are in Espoo, in the greater Helsinki metropolitan area. In 2014, Nokia employed 61,656 people across 120 countries, did business in more than 150 countries, and reported annual revenues of around €12.73 billion. Nokia is a publicly traded company listed on the Helsinki Stock Exchange and New York Stock Exchange. It is the world's 415th-largest company measured by 2013 revenues according to the Fortune Global 500 and is a component of the EU Stocks 50 stock market index.

The company has had various industries in its 151-year history. It was founded as a pulp mill and had long been associated with rubber and cables, but since the 1990s focused on large-scale telecommunications infrastructures, technology development, and licensing. Nokia is also a major contributor to the mobile telephony industry, having assisted in the development of both GSM and CDMA standards.

Nokia's share price has been on a roller coaster ride over the past few years. In June 2007, the company's share price peaked at €28.21 ($39.48) per share. However, by October 2008, the shares had plummeted to €3.50 ($4.72) apiece. The company then staged a remarkable recovery, with its shares reaching €6.65 ($8.90) by January 2011. Since then, however, the share price has once again declined sharply.

The main competitors for Nokia are Samsung and Apple. Both of these companies are much larger than Nokia and have significantly higher market share. Nokia competes with Samsung in the low-end and mid-range segments of the market, while Apple competes in the high-end segment. Huawei is another competitor that is gaining market share rapidly, especially in China. Xiaomi is a relatively new player in the smartphone market but has already made a name for itself with its affordable flagship devices.

When it comes to making money from the stock market, there are two main ways to do it. You can either invest in shares or trade them using financial instruments like Contracts for Difference (CFDs). Investing in shares means buying a stake in a company and holding onto it for the long term. This can be a good way to make money, but it's not without risks. For one thing, you could end up losing money if the company doesn't do well. Even if the company does well, there's no guarantee that its share price will go up.

Trading Nokia CFDs is a bit different. With this approach, you're not buying shares in the company. Instead, you're speculating on the price movements of the shares. This means that you can make money whether the share price goes up or down. However, there are some risks to trading Nokia CFDs too. For one thing, it's a more speculative approach and so you could end up losing money if you don't know what you're doing. And because you're effectively betting on the share price, your losses could be much greater than they would be if you were just investing in shares.