Nokia Corporation (ADR) (NOK) News: Zacks, Siemens & The $513 Smartphone

Editor’s Note: Nokia Corporation (ADR) (NYSE:NOK), Google Inc (NASDAQ:GOOG), Facebook Inc (NASDAQ:FB)

Nokia CorporationNokia’s “Neutral” Rating Reaffirmed at Zacks (NOK) (UtahPeoplesPost)
Nokia Corporation (ADR) (NYSE:NOK)‘s stock had its “neutral” rating restated by Zacks in a report issued on Tuesday, AnalystRatings.Net reports. They currently have a $4.00 target price on the stock. Zacks‘ analyst wrote, “We reiterate our long-term Neutral recommendation on Nokia Corporation (ADR) (NYSE:NOK) following mixed first-quarter 2013 financial results. While loss per share was narrower than the Zacks Consensus Estimate, the top line fell below the same. All three revenue segments of the company reported year-over-year sales declines. Nevertheless, Nokia Corporation (ADR) (NYSE:NOK)’s flagship Lumia series of smartphones, especially those based on Windows Phone8 operating system, are now gaining reasonable market traction.

Nokia Corporation (ADR) (NYSE:NOK) Siemens unveils tools to boost mobile video performance (MarketNewsCall)
Mobile network builder Nokia Corporation (ADR) (NYSE:NOK) Siemens Networks has come out with tools to ensure optimal optimize video performance for mobile devices before the beginning of the CTIA Wireless trade in Las Vegas. The fresh capabilities from Liquid Broadband consist of network performance technologies which NSN made an announcement at Mobile World Congress. The lineup also has liquid applications for improving app performance as well as other tools. Besides the effort into small cells, various other ways to give a boost to the overall wireless capacity and mobile vendors is also creating tools for building capacity more intelligently.

Jolla Set to Join Global Smartphone Market (WSJ)
The global market for smartphones is set to get even more crowed as a new device–dubbed Jolla –will hit some European countries with a 399 euros ($513) price tag later this year. The Jolla is the creation of a clutch of former Nokia Corporation (ADR) (NYSE:NOK) -0.55% executives and software developers who started Jolla Ltd. in Helsinki in 2011 after leaving the Finnish handset giant. Jolla took over the Meego operating system developed originally by their former employer, and renamed it the Sailfish operating system. Jolla’s plans to launch a phone running this operating system have been known since last summer, but the company on Monday gave potential buyers their first look at the phone and the initial details on specifications, calling on interested parties to already put down deposits. Sailfish is open software, and it can run applications developed for Google Inc (NASDAQ:GOOG) -0.17% Android operating system, and the device will be supported in 4G networks in some European countries.

Nokia Presents New Metallic Smartphone, Stock Falls (OnlineGadgetStore)
Nokia Corporation (ADR) (NYSE:NOK), one of the largest companies revealed its first Smartphone that has a metal cover and low-light camera features with new social network apps. Nokia Corporation (ADR) (NYSE:NOK) wanted to impress people from their newly invented metallic idea, however, the model has failed to impress the investors. Thos investors sent the stock down of the company up to 5 %. Lumia 925 has been around for quite some time. It has a lighter and slimmer appearance with a flagship Lumia 920. Even though, not stated its whole specifications, the experts and authorities from the Nokia Corporation (ADR) (NYSE:NOK) Company will soon be available in the Windows 8 range. According to Nokia Corporation (ADR) (NYSE:NOK), the 8.7 megapixel camera, which can take photos in snaps at 10 and in low light conditions, will be included. It also allows sharing on different social networks, and that includes Twitter, Facebook Inc (NASDAQ:FB), Instagram, Tumblr, Flickr and Foursquare.

Ex-Nokia workers launch phone (IAfrica)
A group of ex-Nokia Corporation (ADR) (NYSE:NOK) employees who quit over the company’s decision to abandon the planned MeeGo operating system in favour of Windows presented their own smartphone on Monday, hoping to rival the sector’s giants. The Jolla smartphone, which is entirely intuitive and has no buttons, is “a strong candidate” on the mid- to high-range market, the Helsinki-based company said. The model, which is so far just called Jolla, has a 4.5-inch touch screen and features two different-coloured halves that together make up the phone. It is to go on sale in the fourth quarter, retailing for 399 euros ($513).

Nokia integrates augmented reality feature LiveSight in Here maps (BGR)
Nokia Corporation (ADR) (NYSE:NOK) has released an update for its Here maps that adds LiveSight augmented reality feature to the navigation service. Lumia smartphone users can now get more information about places and points of interests near them by simply pointing their phone’s camera towards the relevant direction. Those who have used Nokia Corporation (ADR) (NYSE:NOK)’s City Lens app will easily be able to connect to this new LiveSight recognition technology integrated to Here maps. So basically all you need to do is to open the LiveSight feature and flash the camera of your phone at any surrounding place to want to know more about, and the app will bring information on nearby places, shops, restaurants, their addresses and more, and mark favorite places as virtual signs on buildings displayed on the screen of user’s phone.