Nokia Officially Announces the Launch of N8

On Tuesday, the world largest handset manufacturer, Nokia Corp., declared the launch of its first smartphone that uses its enthusiastically expected Symbian^3 operating system.

It has been reported that the Nokia N8 will be obtainable in special markets, from the third quarter of 2010 and comes with an expected price tag of EUR370, before taxes and funding.

After less than a week, the announcement was made after the firm let down investors by saying, in its first-quarter reports shipments of the first Symbian^3 phones would be postponed, until the third quarter.

Nokia Officially Announces the Launch of N8 at Stock WatchIt is said that N8 is completely social networking ready. Users can update their status, share location and photos, and view live feeds from Facebook and Twitter in a single app straight on the home screen.

The N8 is supposedly, Nokia’s first 12-megapixel camera phones, complete with Carl Zeiss optics, Xenon flash, and a large sensor.

It has been reported that at 1037 GMT shares traded 1.3% lesser, or EUR0.13 at EUR9.23, slightly outperforming a 1.7% fall in the broader Finnish market.

Last week, after it cut revenue margin guidance and posted weaker than anticipated income, shares in Nokia fell 14%.