Nokia has a lot riding on its new Lumia 920 smartphone, designed to be the most powerful platform running Microsoft’s Windows Phone 8 operating system. But investors were unimpressed with the roll out this morning. Nokia’s stock is -10% after the company and Microsoft introduced what the companies say is “the world’s most innovative smartphone.” The electronics company has struggled to keep up with Apple’s iPhones and mobile devices running Google’s Android system. Nokia and Microsoft seemed to have an opening to gain market share after Apple became embroiled in patent infringement battles with Samsung, especially over its Android phones. Nokia shares appreciated more than 11% over the last month. Much of that evaporated today: While the Lumia 920 has several potentially impressive features, it doesn’t seem to be enough to lure many consumers away from the more popular Apple and Android platforms. Nokia says that its camera has a stabilizing feature that improves the ability to take photos in low light, and smooths video shots. Its map and navigation system will also work when users are not connected to the Web. The Qualcomm Snapdragon S4 processor should make the phone’s battery 30% more efficient than its rivals. The phone also comes with built-in wireless charging; the battery can be powered-up by placing it on a pad that’s connected to a power source. Microsoft CEO Steve Ballmer called the phone “a very important milestone” for his company’s effort to become more potent in the mobile market. Apple’s expected to introduce its iPhone 5 next week.

I can’t believe that Nokia thinks anyone in their right mind would switch from Apple to Microsoft. Do they not understand that almost everyone on Apple is there after leaving Microsoft and vowing never to go back?
Android I can understand (I upgraded to it myself, after owning an iPhone 3GS). But no matter how dissatisfied with Apple I became, I’d go without a phone before buying another Microsoft product. I assume most people feel similarly.
And yet, MS still has the lion’s share of the computing market. I wouldn’t be so quick to count Windows Phone out. Clearly, with Android so huge, people are looking for alternatives to Apple in the mobile market. (Though, technically, Apple is the alternative to Android now.)
The Lion’s share of people using Office isn’t impressive at all, I must say. Microsoft hasn’t been cutting edge in so many years I don’t care to count.
read history and you will learn !
in past , Microsoft was dominating the industry while others including Apples was fighting to have only 5% share market ?
it was mission impossible , but now Apple is in the top rank !
There is nothing impossible friend
The archived Lumia webcast on the Nokia site won’t play on my Macbook. I have to install Silverlight. So much for getting the message out to everyone.
You need Silverlight to watch Netflix as well, so it’s not like it’s some niche addon that no one has.
Just install the stupid thing and quit looking for things to gripe about. Yeesh.
wow two apple nerds who have never touched a windows phone say it sucks…and they just said so on the internet
happily traded an iphone for a windows phone two years ago, would not dream of switching back to the boring grid of icons
I’m not seeing what about this phone was disappointing to Wall Street. Other than the S4 Snapdragon processor, this thing is top of the line and very impressive specs wise. Windows Phone is a reliable, easy to use, and attractive alternative to iOS, so what are people complaining about? Competition is good, as it keeps companies on their toes. When Apple get’s lazy or complacent, we wind up with the 4S, which, woo… not much to write home about if you already own a 4.
Nokia and Microsoft were the leaders 7 years back….and both of them took things for granted…..now its just too late to gain back the market share they have lost…Android and Apple have gone far ahead.