Nokia’s Stock Falls Despite Board’s Satisfaction With Services Strategy

Nokia (NYSE: NOK) held its annual meeting today, and despite hearing increasing buzz from investors that a leadership change is in order, the handset-maker’s executive team appears to be intact and that the board is on the same page with the company’s strategy.

The company’s stock fell 45 cents, or nearly 4 percent in trading today. Much of the fears have to do with earnings, not so much the company’s market share. Nokia sold 432 million devices in 2009, more than its top three competitors combined. But the company has had to focus on low-cost handsets to maintain its leadership position. Nokia