Nokia has voiced increased optimism that its new alliance with Microsoft will revive the group’s fortunes, in spite of second-quarter results that showed the Finnish mobile phone maker losing more ground to Apple and other rivals.
Stephen Elop, chief executive, said Nokia was making “better than expected progress” towards launching a new range of internet-enabled smartphones using Microsoft’s Windows Phone software, with the first device due by the end of this year.
Analysts said the group was facing a race against time to get a competitive product into the market amid rapid share losses to the Apple iPhone and a range of devices using Google’s Android operating system.
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