Nokia Corporation (NYSE:NOK) (BIT:NOK1V) (HEL:NOK1V) has announced the Lumia 925 is coming to AT&T on September 13. AT&T Inc. (NYSE:T) customers will be able to get their hands on the device for $99.99 with a two week contract. Customers of the network will also have access to an exclusive black version of the smart phone.
The Nokia Lumia 925 will work on AT&T’s 4G network. The device is one of Nokia’s high end Windows Phone 8 smartphones. The company’s phones come with different hardware and specifications on the major American Networks. AT&T Inc. (NYSE:T) previously offered the Lumia 920, while the Lumia 925 is only available on T-Mobile right now.
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Nokia Corporation (NYSE:NOK) (BIT:NOK1V) (HEL:NOK1V) is not among the strongest smartphone makers out there right now. The company has suffered from weak take up as Window Phone 8 fails to compete at the same level as iOS and Android. The release of a second high end model on the AT&T Inc. (NYSE:T) is unlikely to change the company’s position appreciably.
On today’s market shares in the Finnish handset maker were falling in price. The stock was trading at $3.97 at time of writing, down $4.68% for the day. Today’s fall leaves the company’s stock at just a fraction above its 2013 starting price. In the same period the Nasdaq has risen by more than 18%.
Some analysts are still looking for growth from the company as few believe that Microsoft Corporation (NASDAQ:MSFT) is willing to let its smart phone ecosystem die, and Nokia Corporation (NYSE:NOK) (BIT:NOK1V) (HEL:NOK1V) is the only company really pushing it right now. With the changes coming at Microsoft Corporation (NASDAQ:MSFT), it’s unclear what Nokia’s place will be in the future of the operating system.
Nokia Lumia sales
The Nokia Corporation (NYSE:NOK) (BIT:NOK1V) (HEL:NOK1V) Lumia range of smart phones have been reviewed very well by the tech world, but they haven’t sold as well as analysts had hoped. That has depressed the company’s shares, and has led to questions about its viability in the future.
It was recently revealed that Nokia Corporation (NYSE:NOK) (BIT:NOK1V) (HEL:NOK1V) is planning on releasing a tablet running Windows RT. The operating system has been the cause of huge losses at Microsoft Corporation (NASDAQ:MSFT), and may have resulted in the resignation of the company’s CEO.