Nokia shares fall after launching Lumia
Friday, September 7th, 2012 4:19:25 by Farasat Ali
Stock markets have responded enthusiastically to Wednesday’s presentation of the new Nokia mobile. The stock fell at home by 13% while in the United States it gradually decreased by 16%.
Lumia, which claims bright colours in telephone industry and image technology, does not seem to attract users after their lack of details on pricing, dates of sale and agreements with telephone operators have resulted in the lack
of investor confidence.
The anticipation had played for Nokia, for its action since July rose 67%, but yesterday was the busiest day drop since June. Investors seem to see enough news in the mobile advertised as a consumer to win the competition.
"The world is working on the fourth, fifth and sixth generation of their devices, while Nokia is still trying to get out of chapter one. Most investors see the new phones as an evolution, not a revolution." Mark Sue, an analyst
was quoted as saying.
After offering operating system Windows 8, CEO of Microsoft, Steve Ballmer, had predicted that within a year there will be 400 million mobile devices with Windows 8, a number of records, but did not specify how many of these devices
would be mobile and how many tablets.
Nokia are expected to sell 1,900 million mobile and 200 million tablets until the end of this year. However, it cannot be said that how many of Nokia brand devices will carry on with the new windows.
Yet the bar that has been marked Ballmer is very high, because according unveiled yesterday, Eric Schmidt, CEO of Google, there have been 1.3 million users for Android devices in the world, which would be 474 million at the end
of year.
The Android growth seems unstoppable, as according to the same figures for Schmidt in June 900,000 devices were activated. The best thing about this number is that its greatest growth is in China, already the world leader in both
mobile and Smartphones.
Short URL: https://www.newspakistan.pk/?p=32294
Posted by Farasat Ali
on Sep 7 2012. Filed under Sci-Tech.
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