Nokia Corporation (ADR) (NYSE:NOK) (BIT:NOK1V) (HEL:NOK1V) has organized a press conference for May 9th titled “Time To Shift Gears.” Nobody knows what the company plans to do with the press conference, but rumors are flying that the company is about to unveil a new product, and fans of the company are hoping that it will announce something that will change the tech landscape.
Nokia Corporation (NOK) Launch:
The launch will take place next week in India. Nokia Corporation (NYSE:NOK) (BIT:NOK1V) (HEL:NOK1V) gained quite a following in countries like India in recent years as it got more and more outgunned in developed markets. Now that the firm is trying to reinvent itself, it may decide to launch first in India in order to keep that market on its side.
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The company also has an event planned for London, slated to take place on May 14th, which is titled “See What’s Next.” Whether or not this event is linked to the one in India is unknown, but it seems unlikely the firm will confuse the public with different product launches, unless the India launch is an India centered product.
One of the products that Nokia Corporation (NYSE:NOK) (BIT:NOK1V) (HEL:NOK1V) might be tempted to launch for the first time in India would be a new smart phone with a full keyboard. In recent years, India has remained a market for full key board smart phones, like Blackberry, and Nokia has been rumored to be working on a full keyboard smart phone, for which India would be the perfect place for that launch.
Possible launches that Nokia Corporation (NYSE:NOK) (BIT:NOK1V) (HEL:NOK1V) could be involved in include a tablet from the company, or the firm’s next generation of main line smart phones, or it could be something more interesting. Nokia Corporation (NYSE:NOK) has not done anything revolutionary in years, and it might try to break from the pack with a new launch.
It is unlikely that Nokia Corporation (NYSE:NOK) (BIT:NOK1V) (HEL:NOK1V) will do anything of any magnitude however. The company is still leaking cash, so when the contribution from Nokia Siemens Network is accounted for, it’s unlikely that the powers that be will be willing to risk the company on something risky, and the design of the firm’s phones so far have not pointed toward originality or risk taking.
Nokia Corporation (NYSE:NOK) (BIT:NOK1V) (HEL:NOK1V) will launch something next week, and the firm is keeping it a secret for now. It is unlikely to foment revolution, however.