Nokia CEO Stephen Elop and Microsoft CEO Steve Ballmer.
(Credit: Sarah Tew/CNET) Nokia CEO Stephen Elop and his opposite number at Microsoft Steve Ballmer were all smiles at today's debut of a couple of much-anticipated additions to the Lumia product line. Wall Street's first impression was less upbeat as investors sent shares of Nokia down more than 11% amid questions about the company's ability to ship the new smartphones widely in the all-important fourth quarter.
(Credit: Sarah Tew) Ambiguous comments by Elop during his keynote at the New York announcement suggested that Nokia may miss the holiday season in a lot of markets. All Elop said was that the Lumias would be sold in some select markets but did not get more specific about availability, pricing, or carriers. AT&T and T-Mobile sold the earlier Nokia models.
(Credit: Sarah Tew/CNET) The Lumia 920 will run Windows Phone 8, the next version of Windows. Nokia also introduced a less-expensive Lumia, the 820. With Apple expected to unveil the iPhone 5 next week, it's even more important for Nokia to get this next generation of the Lumia line right as the company has struggled to remain relevant in the smartphone game. The big question no... [Read more]
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