Nokia Shares Rose About 5% On Reports About Strong Nokia Lumia WP8 Sales

 

Nokia shares rose about 5.5 percent to 2.23 euros today after the trading opened in the morning. It is believed that the reports about strong sales of new Nokia Lumia Windows Phone 8 devices in Germany led to this increase in share prices.

Nokia acknowledged on Facebook page that they are working with retailers and partners to meet the demand as it got sold out at many stores.

We are very pleased with the great interest in our new Lumia smartphones. Due to high demand we have received reports that the Lumia 920 is already sold out in many stores. We are already working on that again, all models in the colors will be available in Germany as soon as possible to get ready in the shops are.

I think it’s a good news for Nokia. If they can deliver Windows Phone 8 devices on time to all the countries as soon as possible, they can meet everyone’s expectation.

Source: Nokia via: Bloomberg

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is a Computer Science and Engineering Graduate. He was also a Microsoft Student Partner. He is currently working in a leading IT company. Follow him at twitter.com/pradeepviswav and Facebook