Despite Its Tardiness, Can Nokia Crack Into the Tablet Market?
It may be late, but Nokia has now jumped into the tablet market with the freshly unveiled Lumia 2520, a polycarbonate device running Microsoft's Windows RT. That's a peculiar choice, considering every other OEM has abandoned Microsoft's controversial operating system in favor of the full-featured Windows 8 for most tablets. Windows RT lacks a strong app ecosystem, as well as legacy app support, which severely limits its capabilities.
Furthermore, Nokia is targeting a premium price point of $500, putting the Lumia 2520 directly in competition with Apple's iPad. No other company has successfully challenged Apple at the $500 price point, yet Nokia is intent on giving it a shot. That's even before you consider Nokia's $150 keyboard accessory, which is almost a necessity for buyers to fully experience the tablet, much like with Surface. This doesn't look like it's going to end well for Nokia.
In this segment of Tech Teardown, Erin Kennedy discusses Nokia's new tablet with Evan Niu, CFA.
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The article Despite Its Tardiness, Can Nokia Crack Into the Tablet Market? originally appeared on Fool.com.Erin Kennedy owns shares of Apple. Evan Niu, CFA, owns shares of Apple and Qualcomm. The Motley Fool recommends Apple and Intel and owns shares of Apple, Intel, Microsoft, and Qualcomm. Try any of our Foolish newsletter services free for 30 days. We Fools don't all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.
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