Feeds

New Nokia Lumia mobes fail to inspire investors

Shares drop after new Windows 8 phones launch

Application security programs and practises

Nokia failed to excite any investors with its new WinPhones yesterday, its stock slumped 15.9 per cent as the Lumia 920 and 820 were launched.

Nokia's shares dropped to $2.38 on the New York stock exchange yesterday, indicating that some shareholding folks don't think the new Lumias will take back any major market share from competitors like Apple and Samsung.

The Finnish firm's move onto the Windows mobile OS is something of a last ditch attempt to save itself, after sales of its once-dominant cellphones failed to keep up with those of the competition. The Nokia/Windows partnership is still pretty fresh, only kicking off last year, but in the fast-paced and crowded smartphone sector, the time is already running out for the Lumia range.

The new flagship mobes carry Windows 8, the latest iteration of Redmond's OS, to set them apart from the reams of new launches coming hard and fast in an attempt to eclipse Apple's latest event, strongly rumoured to be the launch of the iPhone 5.

Typically for the fruity firm, it's not saying exactly what will be unveiled on 12 September, but the leaks have been fairly consistent in announcing the latest Jesus mobe is on its way, and Nokia, Motorola, Samsung and others are keen to get their newest gear out at the same time.

Motorola pulled the trigger yesterday along with Nokia, launching three new Android mobes designed for Verizon's 4G network in the US. At the end of last month, Samsung outed its Galaxy Note 2, the update to its surprisingly popular stylus-equipped tablet-mobe hybrid. ®

HP ProLiant Gen8: Integrated lifecycle automation

More from The Register

next story
Google Nest, ARM, Samsung pull out Thread to strangle ZigBee
But there's a flaw in Google's IP-based IoT system
Orange spent weekend spamming customers with TXTs
Zero, not infinity, is the Magic Number customers want
Want to beat Verizon's slow Netflix? Get a VPN
Exec finds stream speed climbs when smuggled out
US freemium mobile network eyes up Europe
FreedomPop touts 'free' calls, texts and data
'Two-speed internet' storm turns FCC.gov into zero-speed website
Deadline for comments on net neutrality shake-up extended to Friday
GoTenna: How does this 'magic' work?
An ideal product if you believe the Earth is flat
NBN Co execs: No FTTN product until 2015
Faster? Not yet. Cheaper? No data
prev story

Whitepapers

Top three mobile application threats
Prevent sensitive data leakage over insecure channels or stolen mobile devices.
The Essential Guide to IT Transformation
ServiceNow discusses three IT transformations that can help CIO's automate IT services to transform IT and the enterprise.
Mobile application security vulnerability report
The alarming realities regarding the sheer number of applications vulnerable to attack, and the most common and easily addressable vulnerability errors.
How modern custom applications can spur business growth
Learn how to create, deploy and manage custom applications without consuming or expanding the need for scarce, expensive IT resources.
Consolidation: the foundation for IT and business transformation
In this whitepaper learn how effective consolidation of IT and business resources can enable multiple, meaningful business benefits.