Tomahawk, WI 11/25/2013 (BasicsMedia) – There is no denying the fact that Nokia Corporation (NYSE:NOK) has endured a terrible period in the third quarter of 2013. In certain quarters, it has even been reported that the company could be on the verge of closing shop. When NOK sold part of its phone making business to Microsoft, alarm bells rang all over the place, with many investors doubting whether this company would pick up its pieces and return to profitability or not. European nations are worried that the current situation does not favor or augur well for Nokia; but is that enough to say it is about to collapse?

Currently, Nokia Corporation (NYSE:NOK) is not the only tech giant going through a tough period, where questions regarding its future are raised on a frequent basis. Blackberry is the other tech giant whose future is bleak, at the moment. As to whether the two globally recognized tech firms will weather the storm and emerge stronger than they have ever been, this is difficult to say with any degree of certainty. As recently as fifteen years ago, if you were to ask any child in Finland where they intended to work on growing up, the answer would mostly be Nokia offices.

Many people may look at Microsoft’s buyout of Nokia Corporation (NYSE:NOK) at $7.2 billion as the point at which the company started imploding. This is not the case, since Nokia had already began to struggle financially in the recent past, and it was only a matter of time before people would ask whether the company was still able to connect people everywhere, as it says. Anyone who has followed the fortunes of Nokia knows that there was a time when a significant portion of its staff and top executives left the company and moved elsewhere to put up their own businesses.

Anyone with a massive interest in Nokia understands that the company’s deal with Microsoft Corporation (NASDAQ:MSFT) was warranted and justifiable. People in Finland, where Nokia Corporation (NYSE:NOK)’s headquarters is located, understood that this company had grown too big for the country, bearing in mind the fact that it made up 4% of the nation’s GDP. Therefore, when Microsoft entered the scene with a deal that would see it buying a piece of Nokia for $7.2 billion, everyone in Finland welcomed it and understood that this was a necessary step, and designed to work out for good for their nation.

The Finnish had been apprehensive about being a nation that placed all its eggs in one basket, Nokia Corporation (NYSE:NOK). However, now that Microsoft has bought a part of Nokia, they feel that they have diversified significantly to a level where they are not threatened in the same way they were before the deal between these two massive tech firms. This deal has made it easier and possible for startups to emerge in Finland and across Europe as well. Many that felt Nokia would swallow them if they opened businesses now have the incentive to try pushing their products.

Overall, there is no conclusive and irrefutable evidence that Nokia Corporation (NYSE:NOK) is about to collapse. It faces trying moments, where its future is not as clear as many would want it to be, but that does not in any way mean that the company will collapse in the next two years or so.

DISCLAIMER: This content is neither an offer nor recommendation to buy or sell any security. We hold no investment licenses and are thus neither licensed nor qualified to provide investment advice. The content in this report or email is not provided to any individual with a view toward their individual circumstances. While all information is believed to be reliable, it is not guaranteed by us to be accurate. Individuals should assume that all information contained in our newsletter is not trustworthy unless verified by their own independent research. Also, because events and circumstances frequently do not occur as expected, there will likely be differences between the any predictions and actual results. Always consult a real licensed investment professional before making any investment decision. Be extremely careful, investing in securities carries a high degree of risk; you may likely lose some or all of the investment.