According to Greg Sterling of Internet2Go, Nokia is falling seriously out of favor with analysts.

Sterling claims ’you may as well stick in a fork’ in Nokia’s prospects in the US. The Finnish company’s share in smartphones has also been declining in the face of continued competition from rivals Apple, and BlackBerry maker RIM. (Research In Motion)

Nokia still continue with there latest announcements, alliances with Facebook, new music phones, plans to make very ambitious mobile money services it does make you wonder if the company really don’t know which direction to head for, as it seems they are taking on a lot of directions all at once. With more than double Apple‘s revenue it can well afford to do this. Read more at business week.com