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Nokia Unveils New Lumia Windows Phone (USA Today)
Nokia on Wednesday introduced a new smartphone that will serve as the flagship handset in its alliance with Microsoft. The 920 model, which will have a 4.5-inch screen, 32 gigabytes of storage and run on the next version of Microsoft’s mobile operating system, Windows Phone 8, is aimed at a more discriminating customer base that values a high-end camera and a larger, clear display. The New York Times/Bits Blog Nokia also briefly introduced the Lumia 820, a mid-priced smartphone with exchangeable covers. The companies did not disclose prices or release dates for either of the phones, but said they would arrive in some markets in the the last three months of this year. Reuters Nokia shares plummeted 13 percent after its new Lumia smartphones failed to impress investors looking for transformational handsets to rescue the struggling Finnish company. The Lumia was the first in a flurry of planned mobile-device launches expected ahead of the holiday shopping season. AP Nokia sold 4 million Lumia phones in the second quarter, a far cry from the 26 million iPhones that Apple sold during those three months. So far, the line hasn’t helped Nokia halt its sales decline. The Wall Street Journal Competitors hoping to catch up with Apple not only have to come up with great technology, they have precious little time to do it. Apple set a high technical bar for mobile phones with the introduction of the iPhone in 2007. continued…

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