- Obama takes aim at ‘corporate deserters’
- Dick’s Sporting Goods lays off 478 PGA golf pros
- Senators: Cease-fire must allow Israel to defend against rockets, tunnels
- Sierra Leone doctor fighting Ebola catches disease
- Iraq welcomes Russian fighter jets, helicopter gunships into ISIL fight
- John McCain laments: Obama’s ‘self-pity … is really kind of sad’
- GOP offer to fix VA gives $10 billion in emergency funds
- Paul Ryan offers to repair U.S. economic safety net with a single grant stream
- Kim Jong-un builds bond with Putin: $250M Russia-backed addition to key port opens
- Pope Francis meets Meriam Ibrahim, a Sudanese woman sentenced to death
In fall Apple season, rival phone makers struggle
Question of the Day
NEW YORK (AP) - It’s shaping up to be a cold fall for smartphone makers other than Apple, as the trendsetter of the phone industry gears up to release the next iPhone.
Nokia and Motorola, which a few years ago were the No. 1 and No. 2 phone makers, revealed new phones at back-to-back press events in New York on Wednesday. They appeared hurrying to show them off before Apple makes its iPhone announcement next week.
The phones are impressive in their own right and sport improvements from previous models, but analysts didn’t see anything about them that would change the prospect of an iPhone-dominated holiday season.
For Nokia Corp., the new phones are especially crucial. They’re the first to run Windows Phone 8, and the Finnish company is hinging its turnaround strategy on an alliance with Microsoft. But the reveal fell flat with investors, as Nokia’s stock plunged 16 percent on Wednesday.
Nokia’s new flagship phone is the Lumia 920. The lenses on its camera shift to compensate for shaky hands, resulting in sharper images in low light and smoother video capture, Nokia said. It can also be charged without being plugged in; the user just places it on a wireless charging pod.
Nokia also unveiled a cheaper, mid-range phone, the Lumia 820. It doesn’t have the special camera lenses, but it sports exchangeable backs so you can switch colors.
Nokia CEO Stephen Elop said the new phones will go on sale in the fourth quarter in “select markets.” He didn’t say what they would cost or which U.S. carriers would have them. AT&T Inc. and T-Mobile USA have been selling the earlier Lumia phones.
Investors seem to have expected more specifics, or an earlier launch. Nokia shares fell 45 cents to $2.38 in New York. The stock is trading at the same level it had in the mid-1990s.
Gartner analyst Ken Dulaney said the new phones were impressive, but he thought that Microsoft was killing the buzz by holding back on details about Windows 8.
“The hardware is gorgeous, but Microsoft didn’t do a good job of telling the rest of the story” Dulaney said.
Neil Mawston, an analyst with Strategy Analytics, said Nokia’s new smartphones held no real surprises and lacked a “wow” factor.
Nokia launched its first Windows phones late last year under the Lumia brand, as the first fruits of Elop’s alliance with Microsoft. Those ran Windows Phone 7 software, which is effectively being orphaned in the new version. The older phones can’t be upgraded, and they won’t be able to run all applications written for Windows Phone 8.
TWT Video Picks
By Michael Widlanski
Leveling the battlefield to aid terrorists enables evil to fight on
- 'We're coming for you, Barack Obama': Top U.S. official discloses threat from ISIL terrorists
- NAPOLITANO: What if our democracy is a fraud?
- Hamas rejects Kerry's call for cease-fire; Fears grow others could join fight against Israel
- Evidence shows Russia firing artillery into Ukraine: Pentagon
- Obama orders Pentagon advisers to Ukraine
- Obama's empty tough-talk: Gun prosecutions plummet on his watch
- SOWELL:Bordering on immigration madness
- CARSON: Costco and the perils of mixing politics and business
- Algerian plane diverted due to storms, second aircraft: 116 missing
- Presidents of Honduras, Guatemala blame U.S. for border children crisis
Obama's biggest White House 'fails'
Celebrities turned politicians
Athletes turned actors
20 gadgets that changed the world
Fighting in Iraq