Nokia Is Near Death According To Most Analysts

The Finnish mobile phone maker Nokia Corporation (NYSE:NOK) (BIT:NOK1V) is not having a great week. Analysts have downgraded Nokia, in part due to its newly adopted hardware line - Lumia. Moody's has just lowered Nokia to near junk level. Of course, this would have helped investors before yesterday's double digit plunge in price.

The shift from its previous own operating software Symbian took place last year after it was a bust. Nokia Corporation (ADR) (NYSE:NOK) is trying to compete Google Inc (NASDAQ:GOOG)'s Android OS used by Samsung...