Nokia stock plunges 16% after new Lumia announcement
But are investors impressed? The initial reaction is a maybe somewhat surprising but very clear no. Nokia’s share value has plunged by 16% in the minutes after the company unveiled its new Lumia lineup.
Part of that might be due to expectations for a different PureView imaging technology, something more like the 41-megapixel mega sensor on the 808 PureView Symbian smartphone. Instead, Nokia has made it clear that PureView is a brand, a term standing for outstanding image quality, but not a particular technology. Are you happy or disappointed? Cast your votes and let us know your thoughts in our poll here.