Nokia to start selling Lumia 920 phone in November, sources say
HELSINKI - Nokia will start selling its new smartphone, potentially its last chance to break into the most profitable part of mobile phone market and secure its future, in November, sources at European telecoms operators said Friday.
The Lumia 920, which uses Microsoft's Windows software, is Nokia's bid to catch up with Apple's ( AAPL ) iPhone and a string of popular phones using Google's ( GOOG ) Android software, like Samsung's Galaxy models.
The new phone, which with its rounded edges and colourful covers look similar to its predecessors, was unveiled Wednesday and drew a thumbs down from many analysts, who felt it lacked the "wow" factor to make big inroads against rivals.
They were also unsettled by Nokia's refusal to say when the phone, and the smaller Lumia 820 models, would go on sale, or to give details on the price and operator partners.
Once the world's biggest mobile phone maker, Nokia fell behind rivals in the fast-growing smartphone market and has struggled to catch up, racking up more than 3 billion euros in operating losses in the last 18 months and forcing it to cut 10,000 jobs, as well as sell assets.