Nokia's New Smart Phones Fail to Impress

The World

Nokia's New Smart Phone Lumia 920 (Photo: Nokia)

Adeline Sire

The Finnish telecom giant Nokia unveiled two new smart phones today in New York. The new Lumia phones use Microsoft's latest Windows Phone software, boast a high-tech camera and other innovative features. But they failed to create any excitement. Nokia's shares took a big plunge on the stock exchange after the unveiling. Helsinki-based Bloomberg News economy reporter Kati Pohjanpalo tells anchor Lisa Mullins this is no surprise in Finland. The phones, she says, were just not boldly innovative enough in comparison with iPhones and Android devices.