Microsoft Corporation (MSFT), Nokia Corporation (ADR) (NOK): Who Wins?

In other news, Ericsson has also spiked, as if Nokia’s infrastructure services suddenly pose a smaller threat. That flies in the face of the Alcatel Lucent SA (ADR) (NYSE:ALU) reaction, which signals the exact opposite market change. In my view, Ericsson shares deserve to trade lower today.

BlackBerry Ltd (NASDAQ:BBRY) shares have gained a modest 1.7%. That’s another head-scratcher. Are investors hoping for another multibillion-dollar buyout, this time in Canada? If so, then they’re forgetting that the big names with decent buyout budgets already have their hardware needs covered.

Do they expect the integrated Microsoft-Nokia combination to sell fewer handsets in BlackBerry Ltd (NASDAQ:BBRY)’s core markets in the developing world? Then they didn’t read the part of the deal announcement stating that Microsoft will manage Nokia’s old feature-phone products, too. If anything, BlackBerry just gained a stronger rival.

The true winners and losers will materialize in the long term. Today, only the Microsoft and Nokia swings make any sense.

The article Winners and Losers In Microsoft’s $7 billion Nokia Deal originally appeared on Fool.com and is written by Anders Bylund.

Fool contributor Anders Bylund holds no position in any company mentioned. Check out Anders’ bio and holdings or follow him on Twitter and Google+. The Motley Fool owns shares of Microsoft and Apple. Motley Fool newsletter services have recommended buying shares of Apple. Motley Fool newsletter services have recommended creating a covered call position in Nokia. Motley Fool newsletter services have recommended creating a bull call spread position in Microsoft. Motley Fool newsletter services have recommended creating a bull call spread position in Apple. The Motley Fool has a disclosure policy. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors.

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