Nokia's Windows 8 Phones Leave Investors Unimpressed

The relative failure is bad news for Nokia, a flailing company which had used the pairing with Microsoft as a last-ditch attempt at a comeback.

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n Wednesday this week, Nokia held a press conference in which they revealed the design and features of the Lumia 820 and 920, their Windows phones. However, despite all the hype and hope from the company that people would take interest, investors must have been disappointed as both Nokia's and Microsoft's stock sank almost immediately. And although Microsoft's loss was negligible, Nokia's share price fell by about 16 percent.

Although the new technology is cutting edge for Nokia, with a different-than-those-already-out-there design, a wireless charging system, and a "Pureview" camera that helps reduce blur in motion, investors don't seem to think that it's something that can compete with Apple's upcoming iPhone 5. And we'd have to agree—Apple has been the leader in high-end functionality with phones for a while now, and though Nokia used to be a giant, they're nearly irrelevant now.

Although Nokia's new phones are sleek, investors think they can't compete with Apple and Android.

The relative failure is bad news for Nokia, a flailing company which had used the pairing with Microsoft as a sort of last-ditch effort to make a comeback.  If the overall sales of these phones don't do well, it may be the nail in the coffin for Nokia.

Furthermore, Motorola will announce new technology for their Android line today, which may prove too much for Nokia to compete with, especially since the $99 Razr announcement has been garnering a lot of attention.

We hope we're wrong with this prediction, but with rapidly falling stock prices and unimpressed buyers and investors, we think Nokia may be on its way out of the smartphone industry.

The relative failure is bad news for Nokia, who has been flailing and had used the pairing with Microsoft as a sort-of last-ditch effort to make a comeback.  If the overall sales of these phones don't do well, it may be the nail in the coffin for Nokia.

Furthermore, Motorola will announce new technology for their Android line today, which may prove too much for Nokia to compete with, especially since the $99 Razr announcement has been garnering a lot of attention.

We hope we're wrong with this prediction, but with rapidly falling stock prices and unimpressed buyers and investors, we think Nokia may be on its way out of the smartphone industry.