Feeds

New Nokia Lumia mobes fail to inspire investors

Shares drop after new Windows 8 phones launch

Remote control for virtualized desktops

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. ®

Beginner's guide to SSL certificates

More from The Register

next story
Mighty Blighty broadbanders beg: Let us lay cable in BT's, er, ducts
Complain to Ofcom that telco has 'effective monopoly'
Download alert: Nearly ALL top 100 Android, iOS paid apps hacked
Attack of the Clones? Yeah, but much, much scarier – report
Broadband sellers in the UK are UP TO no good, says Which?
Speedy network claims only apply to 10% of customers
Yahoo! blames! MONSTER! email! OUTAGE! on! CUT! CABLE! bungle!
Weekend woe for BT as telco struggles to restore service
Fujitsu CTO: We'll be 3D-printing tech execs in 15 years
Fleshy techie disses network neutrality, helmet-less motorcyclists
Facebook, working on Facebook at Work, works on Facebook. At Work
You don't want your cat or drunk pics at the office
Soz, web devs: Google snatches its Wallet off the table
Killing off web service in 3 months... but app-happy bonkers are fine
prev story

Whitepapers

Why and how to choose the right cloud vendor
The benefits of cloud-based storage in your processes. Eliminate onsite, disk-based backup and archiving in favor of cloud-based data protection.
Forging a new future with identity relationship management
Learn about ForgeRock's next generation IRM platform and how it is designed to empower CEOS's and enterprises to engage with consumers.
10 ways wire data helps conquer IT complexity
IT teams can automatically detect problems across the IT environment, spot data theft, select unique pieces of transaction payloads to send to a data source, and more.
5 critical considerations for enterprise cloud backup
Key considerations when evaluating cloud backup solutions to ensure adequate protection security and availability of enterprise data.
High Performance for All
While HPC is not new, it has traditionally been seen as a specialist area – is it now geared up to meet more mainstream requirements?