Nokia 770 Hits Stores -- Analysis and Reactions (NOK)

| About: Nokia Corporation (NOK)

Nokia (ticker: NOK) launched the 770 yesterday, a Linux-based 'mini-tablet' with a bright screen, wi-fi and e-mail access, but no phone capabilities. Forbes notes that 'Nokia brings the new device to market at a time when sales of hand-held devices such as Palm personal digital assistants and Pocket PCs are down 22% over last year.' Reactions from analysts and CE pundits:

  • Ferris Research analyst Richi Jennings: “I just don't get a good feeling about [the 770]... geek-lust isn't the mass market.

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Tagged: , Communication Equipment, Finland
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