In yet another chapter of the shakeup at mobile phone-maker Nokia (NYSE:NOK), the company’s chairman, Jorma Ollila, intends to step down in 2012. The confirmation comes only a week after the CEO’s departure was announced and overshadowed the introduction of the company’s new range of Symbian smartphones. The news may come as a relief to investors who feared that Ollila and his team of Nokia vets would thwart changes made by the company’s new CEO, former Microsoft (NASDAQ:MSFT) executive, Stephen Elop. SmarTrend currently has Nokia in an Uptrend. Since 2008, SmarTrend subscribers trading Nokia using our alerts outperformed the stock by 872%. We are monitoring these developments and will alert subscribers to any change in trend.
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