Nokia Corporation (ADR) (NYSE:NOK) is having a hard time since the introduction of smartphones in the market. The company is looking forward to launching its own smartphone which can help the company to regain some strength. Nokia, along with Microsoft Corporation (NASDAQ:MSFT), is going to make a mutual announcement on September 5. Analysts are expecting that Nokia (NYSE:NOK) possibly could disclose the release of the next generation Lumia smartphones supporting Windows Phone 8.
Nokia’s previously introduced models of Lumia running on Windows Phone 7 have been very successful as their sales have gone beyond the analysts’ predictions. During the second quarter of 2012, Nokia sold four million Lumia smartphones, which is two times higher than the sale of two million phones sold in the first 3 months of 2012
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