This is going to kick start a new phase for both Microsoft and Nokia who will now be able to come up with high-end smartphones featuring the latest quad-core chips, along with edgy cameras and a new Windows Phone that finally shares its code base with Windows 8.
Microsoft gets a chance to make a great first impression by showing how Windows Phone 8 works on a real product and how a “special” partner like Nokia benefits from this relationship. For Nokia, this is a critical launch that could set the tone for its earnings for the next 12-18 months. Come back on September 5 to learn what Nokia and Microsoft will reveal. There are exciting times.