Nokia Corporation (ADR) (NOK) News: Powerful Camera, Press Event & Qualcomm, Inc. (QCOM)

Editor’s Note: Related tickers: Nokia Corporation (ADR) (NYSE:NOK), Apple Inc. (NASDAQ:AAPL), QUALCOMM, Inc. (QCOM), Google Inc (NASDAQ:GOOG)

Nokia Takes a Leap With Advanced Camera Smartphone (MidSizeInsider)
Nokia Corporation (ADR) (NYSE:NOK) recently unveiled the Lumia 1020, a smartphone with an incredibly powerful 41-megapixel camera, in its latest attempt to close the gap with rivals Samsung Electronics Co Ltd and Apple Inc. (NASDAQ:AAPL). Tech bloggers responded enthusiastically to the handset, praising the camera’s quality as the highest in the market. However, analysts questioned whether this new product would be enough to help Nokia Corporation (ADR) (NYSE:NOK) survive after a fall in cash reserves following years of poor sales.

Nokia to launch Windows 8 tablet next month? (TabTimes)
WPCentral received an anonymous tip on Thursday with the source claiming that Nokia Corporation (ADR) (NYSE:NOK) is to hold a press event in New York City on September 26 and 27. With the Finnish handset maker having recently introduced the high-end Lumia 1020 smartphone and mid-range Lumia 625 phablet, the article suggests that the firm could take the wraps off its first tablet. If that were the case, the tablet would more than likely run Windows 8 rather than Windows RT.

Nokia sidles up to Qualcomm, hands over bulging map package (TheRegister)
Nokia Corporation (ADR) (NYSE:NOK) Here will be sharing its global floorplan database with QUALCOMM, Inc. (NASDAQ:QCOM), putting indoor maps together with indoor positioning in an assault on the last place one can get lost. Here is Nokia Corporation (ADR) (NYSE:NOK)’s mapping division. It has accumulated a huge database of airports, museums and venues which it will share with QUALCOMM, Inc. (NASDAQ:QCOM) in the new deal. Between the two companies it should be possible to create an indoor mapping system just as useful as satellite navigation is outside.

Nokia’s Trapster Could Have Been Waze (GPSBusinessNews)
Following the $966 million acquisition of Israeli start-up Waze by Google Inc (NASDAQ:GOOG) a few weeks ago, it is interesting to compare its fate with Trapster, another start-up app that was quite similar, pioneered the community-based driving app and was acquired by digital map vendor NAVTEQ. Launched in 2008 Trapster, offered an app centered around a community reporting speedtraps locations, red light cameras, police controls and other types of hazards on the road.