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Nokia exec criticizes Microsoft; Baird reports early 1020 sales muted

Jul. 29, 2013 6:42 PM ETNokia Oyj (NOK) StockMSFT, NOKBy: Eric Jhonsa, SA News Editor22 Comments
  • Nokia (NYSE: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 (NASDAQ: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.

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