Nokia bets on differentiation to crack Indian smartphone mart (DNAIndia)
Vipul Mehrotra, Head of Smartphone Devices, Nokia Corporation (ADR) (NYSE:NOK) IMEA, tells Priyanka Sahay in an interview how the company plans to take the lead in the smartphone market…I have been working in this company for the past 16 years and have seen a lot of changes and transitions in Nokia Corporation (ADR) (NYSE:NOK). I think in the last three years, Nokia Corporation (ADR) (NYSE:NOK) has made its golden move. We saw an opportunity and decided to change tracks two-and -a-half years ago. It’s one the golden moves I have seen in Nokia Corporation (ADR) (NYSE:NOK). That move today is helping us sell more Lumia smartphones than BlackBerry Ltd (NASDAQ:BBRY) Pearl smartphones.
Nokia goes one up with new phone? (Evertiq)
The smartphone, rumoured to be named Lumia 1020, has been (sort of) expected since February 2012. But then, Nokia Corporation (ADR) (NYSE:NOK) kept us waiting and instead introduced its 808 smartphone. Now – in a step rather similar to Apple Inc. (NASDAQ:AAPL)‘s secretive (and in my view rather annoying) way of announcing new gadgets – the Finnish company has sent out event invitations: “There are 41 million reasons to attend”. In addition to a 41-megapixel sensor, the smartphone is expected to have a 4.5-inch screen (1280×768 pixel), a dual-core 1.5GHz processor and 32GB of integrated storage. Furthermore, rumours also have it the camera comes with a gimmick: the ability to take a full resolution image and a 5-megapixel image at the same time.
Nokia Rating Reiterated by Zacks (NOK) (WatchlistNews)
Nokia Corporation (ADR) (NYSE:NOK)‘s stock had its “neutral” rating reaffirmed by Zacks in a research note issued to investors on Friday, ARN reports. They currently have a $4.25 price objective on the stock. Zacks‘ price objective indicates a potential upside of 7.05% from the stock’s previous close. 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.