Nokia Stocks Go Down with Releases of Lumia 920 and 820

— September 06, 2012

Nokia announced its new Lumia 920 and Lumia 820, the company’s first offerings in the Windows Phone 8 range. The devices notably have several productivity features courtesy of Microsoft’s Office Mobile suite that allow users in the enterprise to complete their tasks on the go, but many details on delivery were left out of the announcement.

Features
In addition to traditional Office apps like Word, Excel, PowerPoint and OneNote, the new devices feature Office Hub, which brings together all Office Mobile documents, files and notes - including those created on a desktop computer - with full compatibility so they can be viewed and edited with all the formatting intact and correct.

The phones also offer users access to their Outlook for Exchange email accounts with full support for multiple ActiveSync accounts, allowing for real-time access to Outlook, as well as syncing of corporate emails, contacts and calendars backed by Microsoft security.

Storage Options
Users can store and share their files with SkyDrive, the free cloud storage service that provides users with 7 GB of free storage and works with Microsoft Office Mobile. Users can also use cloud technology to access Exchange email, web conferencing, documents and calendars.

For those who don’t want to use cloud services, users can also access Microsoft Office 365 applications and services through the IT infrastructure of their business sites.

Critical Reception
Industry reaction to the new devices was mixed, but according to Reuters, Nokia’s investors were underwhelmed as the company’s shares were down at the end of the day.

RBC analyst Mark Sue explained to Reuters: "The challenge is that the world is working on the fourth, fifth and sixth editions of their devices, while Nokia is still trying to move from chapter one. It still has quite a bit to catch up. People were looking for something that would dazzle. Most investors will view it as evolutionary, not revolutionary. Nokia has made some good progress, but investors were looking for quantum leaps. We didn't get that."

Some analysts blame Microsoft for contributing to a miss here, indicating that the compay's lack of details on Windows 8 is slowing enthusiasm.

Yet, Charles Golvin, principal analyst at Forrester Research, said offering features like the ability to wirelessly charge the device would only help Nokia, as long as the phone is cleverly marketed and priced competitively. When exactly it will be available, who the carrier will be and how much it will cost remains to be seen.

Additional Features

  • Photo capture capabilities: The camera in the Lumia 920 uses PureView imaging technology to capture clear, bright pictures and video indoors and at night without flash, while the Lumia 820 uses Smart Shoot technology, allowing users to take a series of photos and combine them into one for a better overall shot.
  • Nokia City Lens: Overlays information about restaurants, shops, hotels and more on the surfaces of buildings, for the most intuitive way to explore surroundings. City Lens also enhances Nokia Maps, making it possible to move between maps view and augmented reality view to help people check their direction and surroundings.
  • Enhancements to Nokia Drive and Nokia Transport: Adds to the overall integrated mapping experience of the company's location suite of services.
  • Wireless charging capabilities: Users of the Lumia 920 can charge their device by use of a wireless charger, while users of the 820 model can do the same with a wireless charger and a charging shell.
  • Compatibility with Microsoft devices: Windows-compatible smartphones provide the ability to sync content between Windows Phone 8 smartphones, Windows 8-based PCs and tablets.

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