Nokia CEO Says 'Hero' Device On the Way
Nokia CEO Stephen Elop this morning said, "Later this quarter a new Lumia device is anticipated to have hero status with a leading U.S. carrier." The comments were made during the company's call with media to discuss its quarterly results. Elop also said this hero device marks "the beginning of a season of new product introductions." Nokia has not introduced a flagship-grade device since the Lumia 920, which was released about six months ago. Nokia has, however, announced several mid-range and low-end Windows Phone 8 devices, including the 720 and 521 (headed to T-Mobile USA next month). Nokia lost $196 million on revenue of $7.65 billion. Shipments of its Lumia devices improved from 4.4 million during the fourth quarter of 2012 to 5.6 million during the first quarter of 2013. Sales of what Nokia qualifies as "smart devices" (includes Symbian, et al.) dropped quarter-over-quarter from 86.3 million to 61.9 million.
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