Nokia Corp. (NYSE: NOK), which is barely alive in the smartphone sector, claims that the fruits of its large partnership with Microsoft Corp. (NASDAQ: MSFT) are about to arrive. The marriage was meant to get Windows Mobile onto millions of handsets. The process has taken longer than expected.
In the meantime, Microsoft has done distribution deals with other firms, including Barnes & Noble Inc. (NYSE: BKS), and has announced it will release its own portable wireless device — Surface. Reuters reports that Nokia likely will announce its Windows-powered smartphone at a developer conference on September 5 or 6.
The news service says this will put is ahead of the Apple Inc. (NASDAQ: AAPL) iPhone 5 release. As if that really matters.
Douglas A. McIntyre