Saturday, December 15, 2012

Nokia Delays N8 Smart Phone Launch; Shares Take Early Hit

Nokia (NOK) shares are headed for a lower open after the company said it has pushed back the debut of its new N8 smart phone by a few weeks to make final adjustments.

“In some markets, we had planned to start delivering the Nokia N8s to our pre-order customers by the end of September,” Nokia said in an emailed statement, the Wall Street Journal reports. “To ensure a great user experience, we have decided to hold the shipments for a few weeks to do some final amends.”

The company didn’t explain the specific issues causing the delay.

NOK is down 31 cents, or 3%, to $9.96.


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