New Windows Phones From Nokia Disappoint Investors

  • 12 years ago
Nokia and Microsoft Corp took the wraps off their most powerful smartphone on Wednesday, but the new Lumia failed to impress investors, and shares of Nokia, which once dominated the cellphone market, plummeted 13 percent.

The new phone software is similar to the Windows 8 desktop and tablet software to be released on October 26, making it easier for developers to write apps for both, and Microsoft hopes this will boost the platform's popularity.

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