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Technology Stocks : Apple Tankwatch

AAPL 262.94

-1.6%

2:20 PM EST

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From: zax	9/5/2013 10:15:10 AM
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“Nokia 1020 is a top 3 selling smartphone at AT&T,” says Canaccord Genuity September 5, 2013 \| By Surur In an article by the Financial Post analyst company Canaccord Genuity revealed that their August retail checks found Windows Phone was doing relatively well. They found gradually improving Windows Phone 8 smartphone sales due to strong sales of the Lumia 520 and other mid-low-tier Lumia smartphones. Surprisingly however the rather expensive and niche Nokia Lumia 1020 was also doing well. “We believe Microsoft has recently worked more in concert with Nokia to drive sales, as evidenced by Microsoft’s advertising campaign highlighting the Lumia smartphones and features, and the Nokia 1020 is a top 3 selling smartphone at AT&T,” Canaccord analyst T. Michael Walkley said. Canaccord analyst T. Michael Walkley told clients that the timing makes sense for Microsoft to purchase Nokia’s devices and services business in order to fund stronger long-term growth trends. Are our readers surprised the Nokia Lumia 1020 made it to AT&T’s August top 3? Let us know below.

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