Editor’s Note: Related tickers: Nokia Corporation (ADR) (NYSE:NOK), Motorola Solutions Inc (NYSE:MSI), Apple Inc. (NASDAQ:AAPL)
Finnish mobile phone giant Nokia Corporation (ADR) (NYSE:NOK) released its camera phone Lumia 1020 in China on Thursday, in a bid to boost its image among Chinese customers and increase overall sales in the country, a senior executive said. “Any brand needs to have something to show that they have great innovation. This product is our opportunity in China to move up in consumers’ minds again,” said Erik Bertman, Nokia Corporation (ADR) (NYSE:NOK) China’s newly appointed general manager. “It can drive up our brand value, so consumers can perceive our products in a stronger way, which is good for the overall sales of our whole portfolio in China,” Bertman said in Nanjing, Jiangsu province, where Nokia Corporation (ADR) (NYSE:NOK) launched the smartphone, about a month after the product was unveiled in New York.
Nokia Praised by Fitch Ratings – Analyst Blog (Nasdaq)
Nokia Corporation (ADR) (NYSE:NOK) recently received a boost as the Fitch Ratings stated that the company’s performance in the last 12 months has surpassed its expectations. However, Fitch stated that the primary reason for this above expected enhanced performance is the strong showing of the company’s former “Nokia Siemens Networks” (NSN) segment. Nokia Corporation (ADR) (NYSE:NOK) recently gained 100% ownership of this division after purchasing Siemens AG ‘s ( SI ) 50% stake of this segment for approximately $2.2 billion and renamed this division as “Nokia Solutions and Networks” (NSN). …We believe that the improvement was mainly spurred by encouraging result in the lucrative North American region, which was the weakest sector of the company. Nokia Corporation (ADR) (NYSE:NOK)’s acquisition of 3G/4G CDMA network gear businesses of Motorola Solutions Inc (NYSE:MSI) strengthened its foothold in North America.
Nokia Corporation (ADR) (NYSE:NOK) Declares JBL PlayUp Speaker With Music Summer Mixes (FiscalInsider)
Nokia Corporation (ADR) (NYSE:NOK) said on Thursday that its music is an vital part of the Nokia Corporation (ADR) (NYSE:NOK) Lumia experience, whether you own the newest high-end Nokia Lumia 925 or the lower-cost Nokia Lumia 520, users’ discover millions of tunes to stream as well as listen to for free. Nokia Corporation (ADR) (NYSE:NOK) Music is giving people the chance to win a Nokia Lumia 925 and JBL PlayUp Speaker with its Nokia Music Summer Mix. It’s turning into an old battle ground over at Nokia Corporation (ADR) (NYSE:NOK) Music HQ as employees dispute over whose Summer Mix is the best. In the Nokia Corporation (ADR) (NYSE:NOK) Music office, people have been persistently creating 21 of the finest Summer mixes for users to listen and voting for whose playlist is the best. Users can sort through hours of Summer tunes and learn a bit extra regarding the music tastes of the people in the Nokia Corporation (ADR) (NYSE:NOK) Music office.
Nokia Store crosses 2 billion downloads in India, Apple’s App Store 50b downloads (NVONews)
It is a landmark of sorts for the Finnish tech giant. Nokia Corporation (ADR) (NYSE:NOK) Store has crossed 2 billion downloads in India, Apple Inc. (NASDAQ:AAPL)’s App Store 50b downloads Despite the slowdown in the sales of its handsets, the Nokia Corporation (ADR) (NYSE:NOK) app store has hit a 2 billion mark for apps downloaded in India alone. A one stop shop for all the apps for low cost phones, the app store has seen more than 10 billion downloads the world over. In a statement issued here, the company stated that the Indian market subscribed to 80 million downloads in a month on an average out of which 168 Indian developers have already crossed the one million downloads mark on the store.
