HELSINKI (Reuters) - European consumers show little interest in Nokia's
first smartphone using Microsoft's Windows Phone software, a survey by Exane
BNP Paribas showed on Friday.
"With only 2.2 percent of surveyed buyers firmly intending to purchase the
Lumia, Nokia's first flagship Windows Phone is ... far behind the current
blockbusters, Apple's iPhone 4S and Samsung's Galaxy S II," analyst
Alexander Peterc said in a note.
The brokerage slashed its view on sales of the Lumia to end-users to just
800,000 from its initial "ballpark estimate" of 2 million and said this
compared with launch-quarter sales of between 3.5 million and 4 million for
Nokia's previous flagship, the N8.
Exane BNP Paribas cut its price target on Nokia shares to 3.30 euros from
3.70 euros and stuck to its "underperform" rating on the stock, which was
down 1.3 percent at 3.736 euros by 0939 GMT.