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Day April 9, 2011

HTC and self-determination

HTC’s market cap has just overtaken Nokia’s. While market capitalization is a fickle thing, shifting with sentiment, this is still a remarkable feat. Nokia’s market capitalization has almost halved in the space of a year while HTC has more than tripled from $10 billion to over $33 billion.

If you roll back to 2007 and the start of the modern era of smartphones, you can see how the two companies stocks traded places:

(source: Google finance)