Dear Valued Visitor,

We have noticed that you are using an ad blocker software.

Although advertisements on the web pages may degrade your experience, our business certainly depends on them and we can only keep providing you high-quality research based articles as long as we can display ads on our pages.

To view this article, you can disable your ad blocker and refresh this page or simply login.

We only allow registered users to use ad blockers. You can sign up for free by clicking here or you can login if you are already a member.

Nokia Corporation (ADR) (NOK)’s Big New Announcement. Have You Heard?

Nokia Corporation (ADR) (NYSE:NOK) is getting busy. Since releasing its Lumia flagship handsets running the new Microsoft Corporation (NASDAQ:MSFT) Windows Phone 8 operating system last fall, the company has been finding some headwinds in the smartphone competition. But over the last few weeks, the company has been slowly rolling out some smaller-budget phones that will find their way into major markets, but are initially geared for emerging markets which have  lower incomes but are tech savvy and want their hands on the latest tech innovations.

It was a busy news day Friday morning for Nokia Corporation (ADR) (NYSE:NOK) in this vein, as the company has three different phones that are about to hit various markets in coming days – two of which are launching in the emerging market of India and its 1 billion people.

Nokia Corporation (ADR) (NOK), Microsoft Corporation (MSFT)The first announcement we’re discussing today has to do with a new flagship Lumia handset called the 928 – codename “Catwalk” – that may debut on store shelves in mid-May. An event to reveal the phone is set for London, according to sources, and so far it seems that Verizon Communications Inc. (NYSE:VZ) is the only U.S. carrier that has committed to offering the Lumia 928 by Nokia Corporation (ADR) (NYSE:NOK). This new smartphone is expected to succeed the still-new Lumia 920.

The new flagship is expected to have a 4.5-inch OLED display, Xenon and LED flash for the camera and will have an aluminum body similar to the Lumia 720 and would be lighter than the 920.

The next step down on the handset ladder – the mid-range option – for Nokia (NOK) is the Lumia 520, which also runs Windows Phone 8 by Microsoft Corporation (NASDAQ:MSFT), which is due to hit store shelves in India Saturday for around $200. This phone was launched at Mobile World Congress in Barcelona last month. It has a 4-inch display, a 5 megapixel camera with video capabilities running on a 1 GHz dual-core Snapdragon processor by QUALCOMM Inc. (NASDAQ:QCOM).

Next up on our release parade for Nokia Corporation (ADR) (NYSE:NOK) is a feature phone. But is there a good feature phone available for less than $50? Well …

DOWNLOAD FREE REPORT: Warren Buffett's Best Stock Picks

Let Warren Buffett, George Soros, Steve Cohen, and Daniel Loeb WORK FOR YOU.

If you want to beat the low cost index funds by 19 percentage points per year, look no further than our monthly newsletter.In this free report you can find an in-depth analysis of the performance of Warren Buffett's entire historical stock picks. We uncovered Warren Buffett's Best Stock Picks and a way to for Buffett to improve his returns by more than 4 percentage points per year.

Bonus Biotech Stock Pick: You can also find a detailed bonus biotech stock pick that we expect to return more than 50% within 12 months.
Subscribe me to Insider Monkey's Free Daily Newsletter
This is a FREE report from Insider Monkey. Credit Card is NOT required.