Microsoft Corp. unveiled two new smartphones, the Lumia 950, with a 5.2-inch screen, and Lumia 950 XL, with a 5.7-inch screen, at a product event on Tuesday. Among the new features of the phones are Windows Hello, its biometric sign-in feature, and a desktop display dock that enables the phones to be plugged into a PC, and thus operational on a larger scale. The phones will be available in November, with the Lumia 950 retailing for $549 and the XL starting at $649. Microsoft also unveiled a lower-cost smartphone, Lumia 550, which will retail for $139 when it becomes available in December. Shares of Microsoft were up 0.3% to $46.79 in recent trade. They are up 5.5% over the last three months, outperforming the S&P 500, down 4.3%.
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