iPhone News - Analyst downgrades Nokia stock after iPhone 3G intro news - Tue Jun 10, 2008 6:20 am Post subject: Analyst downgrades Nokia stock after iPhone 3G intro
Nokia shares are no longer recommended after the launch of the iPhone 3G, analysts at American Technology Research say. Experts at the financial group dropped their valuation for Nokia from Buy to Neutral in the belief that a raft of "third-generation smart-phone introductions" due for next year will hurt Nokia, including the iPhone 3G.