Finnish handset manufacturer,
) has enhanced its music service by introducing an advanced music
app called Nokia MixRadio. The software, previously known as
Nokia Music, can easily be downloaded from the Windows app store.
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This new application is powered with a Play Me feature which
allows constant streaming of ad free music, The app also plays
the user's choice gathering information from the listening habit
of the user. The music available can be downloaded for free.
Moreover, at an additional cost of $3.99 per month, one can
download and listen to unlimited music while offline.
This unique and trendy music streaming application is expected to
outdo music streaming apps provided by
SIRIUS XM Radio Inc.
Pandora Media, Inc.
Nokia is gearing up for the upcoming holiday season with the
launch of its latest tablet and two new 6 inch smartphones, Lumia
1320 and 1520. Moreover, the company has launched three Asha
flagship phones, Asha 500, 502 and 503, costing $69, $89 and $99,
In the recently concluded third quarter of 2013, the company sold
8.8 million Lumia smartphones, up 40% from the prior-year
quarter. Thus, it is highly anticipated that the company will
generate strong sales during this holiday season mainly buoyed by
launch of high-end gadgets, feature phones and apps.
) has decided to acquire Nokia Corp.'s handset business for $7.2
billion. Nokia's shareholders have approved the deal. The deal is
expected to close in the first quarter of 2014, only subject to
Nokia currently carries a Zacks Rank #3 (Hold).