Thursday, September 06, 2012

Nokia Lumia Will Follow New Apple iPhone to Market - John Paczkowski - Mobile - AllThingsD

A multifaceted bad day for Nokia
"In other words, it’s launching with a disadvantage. Certainly, that’s the view of the market. Nokia shares fell more than 11 percent, to $2.51, following this morning’s event, as investors came to grips with the idea that the Lumia will ship after the new iPhone.
“In terms of timing and pricing, Nokia only indicated that the phones are expected in select markets later this year,” Wells Fargo analyst Jennifer Fritzsche said following the event. “Given the lack of carrier partner announcements, indefinite timing, and no unexpected product announcements, we view today’s event as a disappointment.”"
Nokia Lumia Will Follow New Apple iPhone to Market - John Paczkowski - Mobile - AllThingsD
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