Nokia Corporation (ADR) (NYSE:NOK)’s Lumia 929 Smartphone Might Be Launched at Verizon

1102

Dallas, Texas 11/19/2013 (Financialstrend) – Nokia Corporation (ADR) (NYSE:NOK)’s Lumia 929 smartphone might launch at Verizon on 21st November just in time to catch the Black Friday shopping-weekend. As per the NokiaPowerUser, a Verizon insider stated that Nokia Corporation (ADR) (NYSE:NOK)’s next phone will hit Verizon’s shelves on November 21. Interestingly there is not much information about the phone & Nokia has still to announce it. There were some reports about this slated device and it is supposedly going to have a 5” display.

Monday’s trading

In Monday’s trading session, Nokia Corporation (ADR) (NYSE:NOK) rose by 0.75 00.00%. The shares opened at a price of $8.09, which touched the intraday high of $8.13 and headed to a close of $8.06. Around 31.77 million exchanged hands over the trading day and an average volume of 32.41 million shares were traded over a 30 day period. The 52-week low of Nokia Corporation (ADR) (NYSE:NOK) shares is $2.66 and its 52-week high is $8.13. The company has a market capitalization of $29.92 billion.                                        

About the company

Nokia Corporation (ADR) (NYSE:NOK) has 3 different operating segments: 1- Devices & Services; 2- NAVTEQ, and 3- Nokia Siemens Networks. The Devices & Services segment is responsible for the development and management of its portfolio of mobile products, and the designing & developing services. This includes applications & content. NAVTEQ is a provider of digital-map information & other related location-based content & services for mobile-navigation devices, automotive-navigation systems, Internet-based mapping-applications & government & business solutions.

Nokia Corporation (ADR) (NYSE:NOK)’s Siemens Networks provides mobile & fixed network-infrastructure, communications & networks-service platforms and professional services & business solutions, to various operators & service providers. In 2012 August Nokia Corporation (ADR) (NYSE:NOK) sold a portfolio that consisted of more than 500 patents & patent applications globally to Vringo Inc. In 2012 November 2012, it bought earthmine Inc.

Subscribe to get your free report!

* indicates required
*Past performance is not a predictor of future results. All investing involves risk of loss and individual investments may vary. The examples provided may not be representative of typical results. Your capital is at risk when you invest – you can lose some or all of your money. Never risk more than you can afford to lose.By submitting your information you agree to the terms of our Privacy Policy • Cancel Newsletter Any Time.This is a FREE service from Finacials Trend. Signing up for our FREE daily e-letter also entitles you to receive this report. We will NOT share your email address with anyone.