Nokia’s (NYSE: NOK) flagship Lumia 900 had a software bug when it launched. This caused bad PR, but the problem was quickly solved. That was not the end of glitch problems. The smartphone has a second bug. Its screen gets purple when its brightness is set low. The world’s second largest handset firm–which until late last year was the first largest–promised to resolve the issue quickly.
Nokia needs the product to be a success. The fortunes of the company have crumbled as Apple’s (NASDAQ: AAPL) iPhone and handsets which run the Google (NASDAQ: GOOG) Android software have raced ahead of it in sales.
The Lumia is also the first major collaboration between Nokia and its major software partner–Microsoft (NASDAQ: MSFT). Redmond has made a billion dollar bet that Nokia’s broad distribution of handsets can push the Window mobile software into the market, where it currently has a single digit market share.
The Average American Is Losing Momentum On Their Savings Every Day (Sponsor)
If you’re like many Americans and keep your money ‘safe’ in a checking or savings account, think again. The average yield on a savings account is a paltry .4%1 today. Checking accounts are even worse.
But there is good news. To win qualified customers, some accounts are paying more than 7x the national average. That’s an incredible way to keep your money safe and earn more at the same time. Our top pick for high yield savings accounts includes other benefits as well. You can earn a $200 bonus and up to 7X the national average with qualifying deposits. Terms apply. Member, FDIC.
Click here to see how much more you could be earning on your savings today. It takes just a few minutes to open an account to make your money work for you.
Thank you for reading! Have some feedback for us?
Contact the 24/7 Wall St. editorial team.
Latest from 24/7
Our expert who first called NVIDIA in 2009 is predicting 2025 will see a historic AI breakthrough.
You can follow him investing $500,000 of his own money on our top AI stocks for free.