Nokia Corporation (ADR) (NYSE:NOK)’s Lumia Out Of Stocks Due to High Sales

Nokia CorporationNokia Corporation (ADR) (NYSE:NOK)’s Lumia 920 is attracting a lot of customers and making good sales than expected. Bloomberg reported that Nokia Lumia 920 is performing better than expected and the sales may further continue to improve.

Analyst expects that by the end of next year close to 36 million smartphones users would be carrying Microsoft’s Windows Phone 8 operating system on mobiles like Nokia Lumia 820 and 920. These estimates are up than previous estimates of 23 million devices.

Nokia Corporation (NYSE:NOK) has reported that it has sold out huge volume of Lumia 920 smartphone in Germany. At one end the high sale news is good for Nokia but on the other hand Nokia must be concerned about its shipping management of smartphones to meet the customer’s requirements. It must be thinking on its wrong estimates of user’s requirements.

Both Nokia Corporation (NYSE:NOK)’s Lumia 820 and Nokia 920 are based on dual core Qual-comm Snapdragon S4 (System on chips) SoCs. The smartphones have 4.3 inch (800×480) and 4.5 inch (1280×768) high resolution screens as well as 1GB of RAM.

The powerful chips mean that both smartphones can run leading edge applications based on Windows Phone 8 platform. The mobiles have Synaptics touch-screens with fast refresh rates. The Nokia Lumia 820 and 920 are also equipped with a smart battery of 2000mAh and advance built-in wireless charging.

One of the best features of Nokia Lumia 820 and 920 is Nokia City Lens. This is a latest addition to the Nokia location suite. If the camera is pointed towards any street or road, City Lens overlays information of hotels, restaurants, shops and more so user can easily explore surroundings. Nokia City Lens is a smart feature bridging the gap between virtual world with real world and is a start of new era in mobile technology.

Nokia Corporation (NYSE:NOK) has not only upgraded Nokia Drive and Nokia Transport but the new Nokia location suite offers best smartphone services and features for Nokia phone users.

3 Responses to “Nokia Corporation (ADR) (NYSE:NOK)’s Lumia Out Of Stocks Due to High Sales”

  1. LoveCisco says:

    What is the high number? Only 1% of German carry smartphone
    s. In US Nokia has a lot of competition. HTC and Samsung Windows phone are doing much better. Also Lumia 920 is only available with AT&T.

    • The installed base of smartphones in Germany is about 41%, as of March 2012, and is increasing more rapidly than ever. Also, Nokia’s brand recognition is much higher in Germany than in the US.

  2. Thunder Storm says:

    Everytime a new model is out you hear the buzz about nokia but they are not the company they once were. So all this news means nothing or little as they are not going to take nokia back to the top spot. They lost the race already now they can expect to catch up a spot or two from their current spot nothing more. Their phones are not spectacular or totally different from their competitors’ products so they can sell a few more than what they are selling now but cannot capture their past glory.

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