Investors Not Sold On Summer Smartphone Trend

Entities Mentioned

• Apple
• Apple
• Nokia
• AT&T
• Sprint Nextel
• Palm Pre
• Nextel
• T-Mobile
• iPhone

1. It's an exciting time for the industry with a ton of next-generation smartphones hitting store shelves this summer. But it seems Wall Street is reluctant to place bets on which devices will become hits and is wary on just how companies will make money. As a result, many companies from handset makers to carriers, have yet to see their stock change dramatically. Within a three-month period of time, consumers will have a dizzying array of phones to choose from: On Saturday, Sprint (NYSE: S) Nextel started selling the Palm (NSDQ: PALM) Pre; On June 19, AT&T (NYSE: ... (Read Full Article)

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