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Follow UsBANGALORE, INDIA: Nokia, partnered by Microsoft Corp, unveiled its flagship Windows 8 device Lumia 920 on Wednesday. In terms of features, there are a lot of improvements when compared to the previous versions of the Windows phones.
The smartphone features Qualcomm Inc's latest processor the 1.5GHz Snapdragon, and comes with augmented reality technology that lets users see details of their surroundings through the camera. Like its competitor Samsung, Lumia 920 has bigger and brighter 4.5-inch screen.
Also read: Apple vs Samsung: Will it be advantage Nokia?
Some of the other features of the Nokia Lumia 920 are 1GB RAM, 2000 mAh battery, 32GB internal storage, NFC, Carl Zeiss lens and micro-USB port. The smartphone comes in red, yellow, black, grey and white colors.
However, investors feel that although Nokia Lumia 920 is a solid device with a few differentiating features, it lacked the 'wow' factor and some analysts said Nokia's reticence about dates, prices or carrier partners also did not help.
"The challenge is that the world is working on the 4th, 5th and 6th editions of their devices, while Nokia is still trying to move from chapter 1. It still has quite a bit to catch up," said RBC analyst Mark Sue.
"People were looking for something that would dazzle. Most investors will view it as evolutionary, not revolutionary. Nokia has made some good progress, but investors were looking for quantum leaps. We didn't get that."
Nokia shares traded in Helsinki began sliding midway through the New York launch and ended down 13 per cent at 1.99 euros, their biggest single-day loss since June.
However, it is yet to be seen what consumers have to say about the smartphone. What do you feel? Are the new features introduced in the Nokia Lumia 920 enough to keep it up with Samsung and Apple products? Do let us know
(With inputs from Reuters)