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HTC Rising: Why Nokia and RIM Have Something to Fear

Apr 7 2011, 1:55pm CDT | by , in News | Technology News

HTC Rising: Why Nokia and RIM Have Something to Fear

The little Taiwanese engine-that-could surges past the big dogs.

HTC is a perfect example of the kind of market power Android has these days. A few years ago, they were a small upstart manufacturer with a penchant for touchscreen devices. While the young Taiwanese corp pulled off a few coups- like the first Microsoft smartphone and the Palm Treo- they were not a major force until 2008. The G1 put HTC on the map. And they haven't stopped making their voice heard since.

Now All Things D reports that HTC's market cap has climbed past Nokia's. They currently stand at $33.8 billion, while Nokia holds "only" $32.84 billion. HTC already climbed beyond RIM some time ago. The BlackBerry manufacturer currently languishes at $28.5 billion.

A company's market cap is simply the value of their outstanding shares. RIM and Nokia are both still larger players in the global smartphone market. But HTC is considered to be a more valuable stock buy. The market is more optimistic about HTC's future than it is about either of last-decade's titans.

This news comes just as the HTC Sensation nears announcement and the HTC Flyer nears launch. There's a lot to be optimistic about in HTC's future. Meanwhile, Nokia and RIM are still struggling to reinvigorate their handset lines.

In the wake of Motorola's recent failures, HTC and Samsung are the two Android manufacturers most strongly positioned to take on Apple. And, with a tablet and a whole slew of new smartphones like the Evo 3D, HTC seems hell-bent on doing just that. Their choice to enter the tablet market at 7" may prove crucial for avoiding the sort of hardware shortages that have plagued larger tablets. HTC has made a lot of good decisions in the last two years- and they're paying off in a big way.

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