Apple Inc. is expected to reveal the iPhone 5 at an event in San Francisco next week, which means the holiday quarter is going to be a tough one for competing smartphones.
Nokia, a Finnish company, revealed the new phones in New York. The American market is a trendsetter, but Nokia has been nearly absent from it in the past few years.
One of Elop's goals is to recapture the attention of US shoppers.
Facing stiff competition from Apple's iPhone and devices running on Google's Android software, Nokia has tried to stem the decline in smartphones in part through a partnership with Microsoft Corp. announced last year.
It has moved away from the Symbian operating platform and has embraced Microsoft's Windows Phone software.
Image: Jo Harlow, vice president of Nokia, introduces its newest smartphone, the Lumia 920, equipped with Microsoft's Windows Phone 8.