THIS WEEK IN TECH STOCK: THE LUMIA 1020 INCITES MOBILE MADNESS
This past week saw a deluge of news around mobile hardware,and interestingly,Microsoft came out on top.This week, Nokia announced the Lumia 1020. You’ve probably
seen ads for it — it’s the one that looks like a mid-range camera.
And according to folks who should know, it’s one of the most
spectacular pieces of equipment on the market.
As per the review :
Nokia’s Lumia 1020 is the culmination of everything the Finnish phone maker has
been working towards over the past few years.
It sports the best smartphone camera I’ve ever seen — something that
every other smartphone owner, even iPhone fanatics,
will be jealous of — and manages to look unique in a sea of boxy phone designs.
And of course, the phone sports Microsoft’s elegant Windows Phone interface, which Hardawar sees as a potential liability. But
shareholders got sufficiently caught up in the excitement;
both Nokia and Microsoft saw modest but notable stock price bumps this week.
And the Lumia 1020 news appears to have stolen some thunder from other smartphone players, too, with Apple and
Google taking small hits this week, even after research firms
weighed in on Android tablets’ market takeover and press took a hands-on look at Google’s new
Moto X.
In non-mobile news, Facebook saw a small stock price uptick
this week. The company held a press conference on News Feed and how stories from your friends get ranked on the page
and is coming off a very strong couple weeks of trading
following a stellar earnings report.
Finally, chip maker Nvidia had its Q2 2013 earnings call. Its report showed that the company had
beaten estimates for the quarter,but stock still took a minor
drubbing in public trading.
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