Nokia cannot afford to lose its nerve now despite calls for a Plan B from some irate shareholders. It needs to keep its focus and not undermine its best efforts.
LAS VEGAS--Nokia is still struggling to gain traction with its Lumia-branded smartphones running Microsoft's Windows Phone platform. However, now that it has flagship products with three of the four Tier 1 carriers, the company is starting to align its marketing messages with Microsoft and its carrier partners to a greater degree than before, according to a Nokia executive.
Nokia stopped teasing and formally unveiled its latest high-end Lumia Windows Phone smartphone, the Lumia 925, which T-Mobile US will exclusively launch for the U.S. market.
Verizon Wireless confirmed it will exclusively launch the high-end Nokia Lumia 928 Windows Phone later this month. The Lumia 928 will be available May 16 for $99.99 after $50 mail-in-rebate with a two-year contract.
The jury is still out on the future of Nokia. The company still has a lot of support in its home market from domestic investors and that will be crucial in the months ahead, but patience is clearly running out.
Nokia CEO Stephen Elop defended his company's embrace of Microsoft's Windows Phone platform as its primary smartphone strategy amid scathing criticism from shareholders who urged the company to try a new tack in its battle to regain market share.
Nokia CEO Stephen Elop came under heavy fire from shareholders, as investors weary with the Finnish vendor's failure to compete with Apple and Samsung Electronics told the company they were running out of patience with its strategy of using Microsoft's Windows Phone software.
Nokia officially unmasked its next high-end Lumia Windows Phone device, the Lumia 928, which appears destined for Verizon Wireless.
The Lumia 521 went on sale on the Home Shopping Network (HSN) last week, and has already sold out, according to Reuters . The device highlights attempts by Windows Phone proponents to take the smartphone platform mainstream.
Verizon Wireless will launch a high-end Nokia Lumia Windows Phone next month, according to a Bloomberg report, which could give Nokia's North American sales a badly needed shot in the arm.