Nokia U.S. Future at Risk as AT&T Sales Seen Below Millio
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Nokia Oyj is seeking to revive its U.S. business with a smartphone release this weekend that may determine the company’s future. Initial sales will probably trail competitors’ recent debuts, hurting the company’s chances.
Nokia’s flagship Lumia 900 that runs Microsoft Corp.’s Windows Phone software will start selling through AT&T Inc., the second-largest U.S. wireless carrier, on April 8. Sales in the first three months of availability may reach hundreds of thousands, rather than millions like for the market-leading iPhone, according to Deutsche Bank AG and Avian Securities LLC.