It's Tuesday, May 31st, and this is Market Foolery.

I'm Chris Hill and joining me in studio today from Motley Fool Hidden Gems, Charlie Travers,

from Income Investor James Early, and from Motley Fool inside value Joe Meghur.

Guys, good to see you.

What is you, Chris?

Intel's got a new device and Amazon's got a little list.

Those stories in a moment, but first shares of Nokia down big today after the company warned its second quarter sales and margins will be quote

Substantially lower

Joe Meager I will pick on you first.

I mean, we hear warnings from companies from time to time

when they contain the phrase substantially lower.

Obviously, it's very bad for Nokia's stock.

How bad are things right now for Nokia's business?

Pretty bad.

Pretty bad. They're a huge company and they're making it considerable sum.

So it's not as though these guys are going under anytime soon.

However, they are getting punched in the nose right now by Android devices.

And realistically, there's no sign of a turnaround on that anytime soon.

We knew this was going to get worse before it got better because we'd heard rumblings that

they were having to cut prices on their latest smartphone offerings.

Also they're moving to the Windows phone later this year.

And while that's a good strategic move in the long run,

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