Nokia Symbian^3 delayed and spooks investors

Nokia has delayed its Symbian^3 operating system, which in turn has spooked investors. After all, Nokia has seen its market share being cannibalized by Apple’s iPhone as well as the rise of other Android-powered smartphones, so a delay in its latest operating system isn’t something that would help the FInnish company improve on its quarterly earnings report. This has sent share prices plummeting by 12%. Do you own some of their shares for the long term or in the short term?