Back to top

Analyst Blog

Nokia Corporation (NOK - Analyst Report) expects to launch a Windows-based smartphone that will possess a 41 mega pixel PureView camera. The launch will bring to the forefront the innovative camera phone on the Windows platform that has been rumored for long.

According to media reports, the device has been coded as EOS and has a Xenon flash, OLED display, polycarbonate body and 32GB of internal memory. The smartphone is believed to be a fraction bigger than Nokia’s flagship Lumia 925 and is expected to be launched on Jul 11, 2013.

Last year, Nokia introduced its first PureView technology integrated phones with the launch of Nokia 808 PureView. This imaging technology is a combination of many pixels into one perfect pixel and provides a digital camera like effect. The smartphone also has a high resolution Carl Zeiss lens and was one of the last devices to run on Nokia’s Symbian operating system (OS).

The Finnish handset manufacturer states that the new smartphone will allow its users to zoom in three times better than its predecessor without losing any resolution.

In the last couple of years, Nokia has fallen behind in the smartphone leadership race, which has been mainly dominated by Apple Inc.’s (AAPL - Analyst Report) iPhone and Samsung’s Galaxy range, which runs on Google Inc.’s Android platform. Nevertheless, the company’s decision to join forces with Microsoft Corporation (MSFT - Analyst Report) is finally paying off as the latest range of Lumia has performed better than its predecessors.

Although Nokia has taken a long time to incorporate the PureView technology into the Windows phone operating platform, we believe that the launch timing is perfect for Nokia as demand for its Windows-based phones are currently picking up. However, it will take time for the smartphone to gain wide acceptance as such a high resolution camera technology has not been tested in a major OS yet.

Nokia currently carries a Zacks Rank #3 (Hold).

Please login to Zacks.com or register to post a comment.

New to Zacks?

Start Here

Zacks Investment Research

Close

Are you a new Zacks Member or a visitor to Zacks.com?

Top Zacks Features

My Portfolio Tracker

Is it Time to Sell?

One of the most important steps you can take today is to set up your portfolio tracker on Zacks.com. Once you do, you'll be notified of major events affecting your stocks and/or funds with daily email alerts.

More Zacks Resources

Zacks Rank Home - Evaluate your stocks and use the Zacks Rank to eliminate the losers and keep the winners.

Mutual Fund Rank Home - Evaluate your funds with the Mutual Fund Rank for both your personal and retirement funds.

Stock/Mutual Fund Screening - Find better stocks and mutual funds. The ones most likely to beat the market and provide a positive return.

My Portfolio - Track your Portfolio and find out where your stocks/mutual funds stack up with the Zacks Rank.

Zacks #1 Rank Top Movers for Zacks #1 Rank Top Movers

Company Symbol Price %Chg
RPC INC RES 24.91 +8.35%
LITHIA MOTO… LAD 94.59 +4.60%
DELTA AIR L… DAL 39.15 +3.90%
FLAMEL TECH… FLML 14.51 +3.50%
SOUTHWEST A… LUV 28.87 +2.92%