Battle Over Mobile Web Heats Up

With the new iPhone set to launch next month, anticipation from consumers is running high and concerns from mobile competitors are also running high. Nokia’s stock is almost 50 percent off of their 52 week highs which the company hit back in November. Analysts are speculating that the new iPhone is going to dominate the smartphone market, putting competing companies on the defensive.

Today’s news that Nokia has acquired Symbian and is opening up the platform for developers is one of those defensive maneuvers.

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