Why should Apple buy Nokia?

According to Bruce Upbin’s latest article on Forbes, in order for Apple to secure its position in the future, it should buy Nokia.

Nokia’s current market worth is $10 billion. Compared to Apple’s worth of $100 billion and the company’s strong purchasing power, it does not seem like a

difficult task, yet the benefits could be crucial. With the uprising patent war between Samsung and Apple, the latter needs a significant change in strategy in order to secure its future. That’s where Nokia comes in.

Nokia is very well known for its strong and reliable navigation system – something that Apple could learn from after their latest release of the iPhone 5 and the maps app. Secondly, Nokia has built a very efficient system that operates on the LTE frequency – another feature just recently introduced in the iPhone 5. Furthermore, Nokia has developed a very efficient TV streaming app and now that everyone is expecting Apple’s next move to be mobile TV, this could come in useful. Lastly, Nokia cooperates with Microsoft and a number of other brands. Hence why buying Nokia could present Apple with a leverage that could prove crucial at some point in the future.

Upbin, Bruce. Why Apple should buy Nokia. 10/06/2012 @ 9:49PM. Forbes Magazine. http://www.forbes.com/sites/bruceupbin/2012/10/06/nokias-one-percent-iphone-tax-why-apple-should-buy-nokia/

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