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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