Verizon Wireless will launch the Nokia Lumia 822 smartphone, the carrier's second phone running Microsoft's Windows Phone software. The launch is a boost for Nokia, giving it another avenue to boost U.S. sales after a lackluster third quarter in which it sold 300,000 handsets in North America, half of what it sold in the first and second quarters.
With its new Windows Phone 8 mobile operating system slated to launch Monday, Microsoft has released a new companion application enabling users to synchronize their smartphones with PCs running the just-released Windows 8 desktop platform.
On the eve of the launch of Microsoft's first branded tablet, the Surface, CEO Steve Ballmer said that the software giant will produce more branded hardware, but did not specifically say if the company will release its own smartphone.
Nokia wants to raise $980 million in a bond offering aimed at bolstering its balance sheet as it enters a critical phase of its turnaround in selling phones running Microsoft's Windows Phone platform.
Nokia's flagship Lumia 920 Windows Phone 8 smartphone will cost $149.99 when paired with a two-year contract, according to a Best Buy website. That pricing would allow the Lumia 920 to undercut the prices of some of the other marquee smartphones it will be competing against in the fourth quarter.
Nokia's sixth consecutive quarterly loss gave analysts a glimmer of hope after the company delivered stronger-than-expected sales of its low-cost Asha handsets.
Nokia has indicated that its third-quarter results, especially in its key devices and services unit, would be weak and that the quarter would be challenging. The question analysts are puzzling over is just how weak, and whether the company can continue the momentum behind its Lumia line of smartphones running Microsoft's Windows Phone software.
Microsoft will introduce its new Xbox Music on Oct. 26, initially targeting Xbox 360 consoles before expanding the streaming service to tablets and PCs running Windows 8 and Windows RT, as well as smartphones powered by the forthcoming Windows Phone 8.
T-Mobile USA declared that Samsung's Galaxy S III is its all-time best-selling device. The crowing came just ahead of T-Mobile announcing new smartphones for the holiday shopping season from Nokia and LG Electronics.
Burgeoning sales of low-end Nokia devices are helping Microsoft's Windows Phone platform to challenge BlackBerry maker Research In Motion for third place in Europe's rankings, according to data collected by research firm Kantar Worldpanel ComTech.