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Edition: U.S. Article Comments (2) Email Print Reprints Read China tells U.S. to keep out of South China Sea dispute 10:03am EDT U.S. Nuclear Weapons Have Been Compromised by Unidentified Aerial Objects PR Newswire 15 Sep 2010 U.S. household net worth drops 17 Sep 2010 Broncos receiver McKinley dies of apparent suicide 1:30am EDT Analysis: Swedish rout highlights European socialist crisis 20 Sep 2010 Shared Dementia costs hit $604 billion in 2010 5:45am EDT Plight of the Roma 9:55am EDT China snubs Japan PM over boat row, rules out meeting | Video 8:44am EDT Vatican bank head in money laundering probe-sources 6:52am EDT Housing starts at 4-month high 9:22am EDT Watched Soros: Gold "not safe" Wed, Sep 15 2010 Lohan's warrant, Hilton's plea Mon, Sep 20 2010 Video game comeback play Mon, Sep 20 2010 NYSE and AMEX quotes delayed by at least 20 minutes. NASDAQ delayed by at least 15 minutes. For a complete list of exchanges and delays, please click here. Special report Welcome to Nokia, Mr. Elop The biggest cellphone company in the world has spent the past few years searching for a way to take on Apple and RIM. Now it has turned to an unknown Canadian with no background in mobiles. Can Stephen Elop make Nokia cool again? Full Article Factbox: Key problems facing new Nokia CEO Nokia delays flagship N8 again Tweet This Share on LinkedIn Share on Facebook Related News Nokia delays flagship N8 smartphone model again Mon, Sep 20 2010 UPDATE 1-Nokia delays flagship N8 smartphone model again Mon, Sep 20 2010 Special Report: Welcome to Nokia, Mr Elop Mon, Sep 20 2010 HTC unveils new smartphones, pushes into services Wed, Sep 15 2010 UPDATE 2-HTC unveils new smartphones, pushes into services Wed, Sep 15 2010 Analysis & Opinion When should investors sell their Apple stock? Related Topics Technology » Media » The Nokia N8 smartphone is displayed at a Nokia press event in Stockholm, September 21, 2010. Credit: Reuters/Bob Strong By Tarmo Virki, European technology correspondent HELSINKI | Tue Sep 21, 2010 9:33am EDT HELSINKI (Reuters) - Nokia said it would delay again its flagship smartphone N8 model, hitting its shares on the day new chief executive Stephen Elop started at the helm of the world's top cellphone maker. The N8 is seen by analysts as Nokia's first top-range model to challenge Apple's iPhone more than three years after its launch. Its success is seen as being crucial for Nokia's profit margins. "A single device does not normally have a significant impact on Nokia's ... development. But with the N8 the firm has much more at stake," analysts at FIM Bank says in a note. "The new delay is once again a blow to Nokia's already tarnished image and it could also endanger the firm's Q3 earnings target," it said. Nokia shares were 1.7 percent lower at 7.74 euros by 0821 GMT, underperforming 0.1 percent firmer STXE 600 Technology index. A company spokesman said the first phones were still scheduled to leave factories by the end of September, but deliveries to consumers who had preordered the phone would be delayed by a few weeks. "In some markets, we had planned to start delivering the N8s to our pre-order customers by the end of September. To ensure a great user experience, we have decided to hold the shipments for a few weeks to do some final amends," the company said in a statement, adding that the N8s would reach consumers in October. Nokia announced the delay only a few days after the September 15 closure of its showcase event of the year, Nokia World. "This is embarrassing," said John Strand, chief executive of Danish telecoms consultancy Strand Consult. The N8 smartphone, first to use Nokia's new Symbian software, was originally scheduled to reach consumers in June. In April, Nokia warned that the software renewal would take longer than it had expected due to quality problems and said that the N8 would reach consumers by the end of September. The weak smartphone offering and problems with software were see as the main reasons for Nokia to replace its chief executive. Stephen Elop, from Microsoft, started at his job as Nokia's chief executive on Tuesday. The N8 stands out among its rivals for its 12 megapixel camera but has a slower processor than Samsung's top model Galaxy S and the latest iPhone. (Reporting by Tarmo Virki; Editing by Hans Peters) Technology Media Comments See All Comments (2) | Post Comment Sep 21, 2010 8:02am EDT “Morgen morgen nur nicht heute sagen alle faulen leute!” “Tomorrow tomorrow not today say all the lazy people!” So said German writer and poet Christian Felix Weisse(1726-1804). Well known German proverb that is perfect even this day to describe Nokia’s repeated delays in launching new products and services. ulludapattha Report As Abusive Sep 21, 2010 11:16am EDT Hmmm…wheres the white iPhone..anyone..? Customers will not be able to get their hands on Apple Inc’s white iPhone 4 until later this year…AMAZING..! Maybe the brilliant antenna engineering is also fixed, it takes time fix if you dont see the fault.. Let me help you, but your finger right there..!! FSC Report As Abusive See All Comments (2) Add a Comment *We welcome comments that advance the story directly or with relevant tangential information. We try to block comments that use offensive language or appear to be spam and review comments frequently to ensure they meet our standards. If you see a comment that you believe is irrelevant or inappropriate, you can flag it to our editors by using the report abuse links. Views expressed in the comments do not represent those of Reuters. © Copyright 2010 Thomson Reuters Editorial Editions: Africa Arabic Argentina Brazil Canada China France Germany India Italy Japan Latin America Mexico Russia Spain United Kingdom United States Reuters Contact Us Advertise With Us Help Journalism Handbook Archive Site Index Video Index Reader Feedback Mobile Newsletters RSS Podcasts Widgets Your View Analyst Research Thomson Reuters Copyright Disclaimer Privacy Professional Products Professional Products Support Financial Products About Thomson Reuters Careers Online Products Acquisitions Monthly Buyouts Venture Capital Journal International Financing Review Project Finance International PEhub.com PE Week FindLaw Reuters on Facebook Thomson Reuters is the world's largest international multimedia news agency, providing investing news, world news, business news, technology news, headline news, small business news, news alerts, personal finance, stock market, and mutual funds information available on Reuters.com, video, mobile, and interactive television platforms. Thomson Reuters journalists are subject to an Editorial Handbook which requires fair presentation and disclosure of relevant interests. NYSE and AMEX quotes delayed by at least 20 minutes. Nasdaq delayed by at least 15 minutes. For a complete list of exchanges and delays, please click here.

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