It's shaping up to be a cold fall for smartphone makers other than Apple, as the trendsetter of the phone industry gears up to release the next iPhone.
Nokia and Motorola, which a few years ago were the No. 1 and No. 2 phone makers, revealed new phones at back-to-back press events in New York on Wednesday. They appeared to be hurrying to show them off before Apple makes its iPhone announcement next week.
The phones are impressive in their own right and sport improvements from previous models, but analysts didn't see anything about them that would change the prospect of an iPhone-dominated holiday season.
For Nokia Corp., the new phones are especially crucial. They're the first to run Windows Phone 8, and the Finnish company is hinging its turnaround strategy on an alliance with Microsoft. But the reveal fell flat with investors, as Nokia's stock fell 16 per cent Wednesday.
Nokia's new flagship phone is the Lumia 920. The lenses on its camera shift to compensate for shaky hands, resulting in sharper images in low light and smoother video capture, Nokia said. It can also be charged without being plugged in; the user just places it on a wireless charging pod.
Nokia also unveiled a cheaper, mid-range phone, the Lumia 820. It doesn't have the special camera lenses, but it sports exchangeable backs so you can switch colours.
Nokia CEO Stephen Elop said the new phones will go on sale in the fourth quarter in "select markets." He didn't say what they would cost or which U.S. carriers would have them. AT&T Inc. and T-Mobile USA have been selling the earlier Lumia phones.
Investors seem to have expected more specifics, or an earlier launch. Nokia shares fell 45 cents to $2.38 in New York. The stock is trading at the same level it had in the mid-1990s.
Gartner analyst Ken Dulaney said the new phones were impressive, but he thought that Microsoft was killing the buzz by holding back on details about Windows 8.
"The hardware is gorgeous, but Microsoft didn't do a good job of telling the rest of the story," he said.
Motorola's strategy for the fall is to expand the Razr brand, resurrected from the hit clamshell phone launched in 2004.
For one of these phones, Motorola had firm details on availability. Next Thursday, Verizon Wireless stores in the U.S. will sell the Droid Razr M for $99. The new iPhone isn't expected in stores until a week or two after that.
