The Finnish company’s first-ever Android based smartphone is reportedly set to arrive in India in the third week of March. For Nokia, India is a big market where the company once dominated, but now Samsung owns a large market share in India.
Online retailer The Mobile Store had listed the Nokia X smartphone for Rs 8,500, which will be available from 15th March. However, the message soon disappeared after the report went viral on the Internet. Saholic, yet another online retailer has gone a step ahead by taking orders for the Nokia X for a price of Rs 8,499, with a promised delivery date of March 25th.
With the S&P 500 falling a double-digit percentage in the first half, most equity hedge fund managers struggled to keep their heads above water. The performance of the equity hedge fund sector stands in stark contrast to macro hedge funds, which are enjoying one of the best runs of good performance since the financial crisis. Read More
Nokia X creating market buzz
The Nokia X, despite being a low-end Android smartphone, has created a buzz because of the fact that the company will soon be acquired by Microsoft (by the end of March), and amidst it, the company released their first ever Android smartphone. It will be interesting to see if Nokia continues to launch more Android smartphones, or if it will only focus on Windows Phone.
The smartphone comes with a 4.0-inch WVGA (800×480 pixels) IPS LCD screen with pixel density of 233 ppi and runs on AOSP (Android Open Source Project) OS. Nokia X is powered by a 1GHz Snapdragon S4 dual-core CPU, 512MB RAM (which is kind of disappointing), 3.0-megapixel rear camera with no flash, and a 1500 mAh battery. There’s no front camera, which again is a downside as you won’t be able to enjoy Skype phones.
On the storage front, the device comes with 4GB of internal memory, and 32GB expandable memory. The phone is available in Black, Cyan, Green, Red, White and Yellow colors.
Nokia, along with the Nokia X also announced the Nokia X+ and XL at the MWC. These smartphones are expected to hit stores during the second quarter of 2014.