Boston, MA 04\/07\/2014 (wallstreetpr) \u2013\u00a0The arrival of Android using smart phones did lower down the sales of the once leading cell phone company Nokia Corporation (ADR) (NYSE:NOK)<\/b>; but privileges of the Microsoft Corporation (NASDAQ:MSFT)<\/b> that the company was able to stay on the edge with its smart phone range.<\/p>\n
Windows 8.1 May Increase Sales This Year<\/b><\/p>\n
Despite a not so promising previous year, Nokia Corporation (ADR) (NYSE:NOK) aims high to sell more number of phones this year as they have now introduced windows 8.1 as the operating system of the new lumia phones and more other apps to amaze the users. They are now hoping to get the position they were previously held in the mobile business all over the world and can able to challenge its main competitors in the business.<\/p>\n
Tax Trouble In India<\/b><\/p>\n
The company has also been facing hardships with its tax schemes in India. Nokia India had been surveyed for irrelevant income tax returns by the Income Tax Department of India. The department has demanded for an audit to commence in order to verify the tax returns for the company.<\/p>\n
New model phones to hit the markets <\/b><\/p>\n
Nokia Corporation (ADR) (NYSE:NOK) has come up with new models in their Lumia series of Window phones that can definitely create an impact this year. The phone company has also been quoted to launch new budget phones.<\/p>\n
A Vision To Rule Again<\/b><\/p>\n
The new Lumia phones that are coming up might bring back the good old days for Nokia. These phones have been quoted to compete directly with the present leading manufacturers Samsung Electronics<\/b> Co., Ltd (KRX:005930). The good thing that Nokia did was to shift its operating system platform from the old Symbian to the Windows operating system. This really helped the company to stay in the race for the smart phones. Now with a new comeback this year the company plans to perform more effectively. With new features that focus on the health and high resolution cameras \u2013 plus the integration of Windows 8.1, Nokia Corporation (ADR) (NYSE:NOK) has forethought its business scheme for the year 2014.<\/p>\n","protected":false},"excerpt":{"rendered":"
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