HTC zips past Nokia in market capitalizationNokia’s suits must be running around in a frenzy, as we now have word that HTC has just overtaken Nokia’s market capitalization – this coming off a recent “victory” where they also soared past Research in Motion (the company that makes BlackBerrys). It seems that HTC’s market cap is worth around $33.8 billion, a cool $2 billion more than Nokia’s ($32.84 billion) and definitely far beyond the immediate reach of RIM and their $28.5 billion. This is over 30 times of what it was half a decade ago – and we can attribute this success to their dedication in the mobile device business, courting different operating systems even until now, although we would say that Android is their bread and butter at the moment. The momentum isn’t expected to stop anytime soon either, and with HTC working on 3D tablets and smartphones, the sky’s the limit.

This article was filed in Homepage > Cellphones and was tagged with HTC, Nokia, research in motion and RIM.
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