
Nokia Delays Flagship E7 Phone
NEW YORK (
) --
Nokia
(NOK) - Get Report
is delaying its new
flagship E7 phone
. The device, seen as a key weapon in the phone giant's fight to retain its worldwide market share lead, is now expected to ship in early 2011.
Initially, Nokia scheduled a December launch for the Symbian phone, according to
. The delay could be a setback for Nokia, which continues to
shed smartphone OS market share
thanks to the growth of
Apple
(AAPL) - Get Report
and
(GOOG) - Get Report
Android-running phones sold by companies like
Samsung
.
|
"To ensure the best possible user experience on the Nokia E7, we have decided to begin shipping it in early 2011," a Nokia spokeswoman confirmed in an email to
TheStreet
. She didn't provide additional details about the device's status.
This isn't the first Nokia smartphone launch to be delayed. Earlier this year, the company pushed back the ship date of its N8 phone from spring to fall.
It's been a tough year for Nokia, which recently
and said it lost more share in
as a result of parts shortages. According to research firm Gartner, Nokia's Symbian OS market share dropped from 44.6% to 36.6% over the summer quarter.
In September, Nokia also
replaced CEO Olli-Pekka Kallasvuo
with Steve Elop, the head of
Microsoft's
(MSFT) - Get Report
business services.
Nokia's stock dipped 9 cents to $9.87 in morning trading Tuesday.
--Written by James Rogers in New York.
>To follow the writer on Twitter, go to
http://twitter.com/jamesjrogers
.
>To submit a news tip, send an email to:









