Nokia Lumia sells more than expected in the U.S. but investors sceptical of new launches
Monday, 27 February 2012
Sales of Nokia Lumia in the U.S. have exceeded expectations, Nokia Chief Stephen Elop said at the telecom trade show in Barcelona on Monday, reports Bloomberg News.
Lumia is now available through 50 operators there according to the reports.
Sales of Nokia's Lumia model will shortly be launched in other markets. In Canada and China are other markets for the product to enter in the coming months as the Nokia management explained at a press conference on telecommunications trade show in Barcelona on Monday.
The models in China will work on CDMA and WCDMA networks.
During the press conference, Nokia launched a number of new models. A global version of Lumia 900 will begin to be ship in the second quarter and then have its price set as from €480.
The low-cost model, Lumia 610, as previously announced will have a list price of €18, although it is a model that will reach the market in the second quarter.
"The 610 takes Nokia's Lumia portfolio to an encouraging new price point in its pursuit of cheaper Android rivals," said Ben Wood, head of research at CCS Insight.
Investors appeared sceptical that the new model and pricing would do the trick, pulling Nokia shares down 5 percent to €4.10.
"I had hoped for a slightly lower price range. Maybe the markets were a bit disappointed with the price, which was quite high," Inderes analyst Mikael Rautanen said, though he noted the shares had spiked on Friday in anticipation of the event.
Nokia also showed up its camera phone, the Nokia 808 Pure View, a model that will be a sensor capable of 41 megapixels.
Nokia has also signed an agreement with Swedish film service company Voddler. This means that Voddler will have a standard application in Nokia's Lumia phones in Europe, according to Bloomberg News.
Nokia last year dumped its own smartphone software in favour of Microsoft's Windows Phone to step up its fight against rivals such as Apple's iPhone, but the move has so far had limited impact due to the high prices of phones using it.
Nokia promises several new phones and a wide range of partners. The phones being rolled out will have Windows as operating system and which will also allow video calls using the Skype service.
By Scancomark.se Team