real-time news and commentary for investors
Monday, Jul 29
Nokia exec criticizes Microsoft; Baird reports early 1020 sales muted
- Nokia (NOK) VP Brian Biniak: "To give you a reason to switch, I need to make sure the apps that you care about on your device are not only on our phones, but are better. I also need to provide you unique experiences ... We are trying to evolve the cultural thinking [at Microsoft] to say 'time is of the essence.'"
- He could be upset Windows Phone's (MSFT) "Blue" update, which brings a better notification center and other oft-requested features, isn't expected until early '14. The GDR3 update, which adds 1080p, 5"-6" display, and quad-core CPU support, is due later this year.
- Baird's William Power says talks with AT&T store reps indicate early Lumia 1020 sales "were modest at best." Unsurprisingly, the phone's $300 subsidized price and "consumer concern with switching over to a new OS" were named as the biggest roadblocks.
- The 1020 has mostly received solid reviews (I, II). Its camera is deemed best-in-class; some complaints about the phone's software and form factor exist.