The Nokia Lumia 920 is among the most innovative smartphones since the iPhone, but so much innovation packed in a single package may be the reason behind Nokia's inability to manufacture enough devices to meet consumer demand.

Nokia differentiates itself with the Lumia 920 with its PureMotion HD+ display technology that allows users to use the touchscreen with gloves on or with any type of object. The screen also has a refresh rate of 60Hz, the fastest to date on any smartphone. At the rear of the phone lies the 8.7-megapixel PureView camera with Optical Image Stabilization, which allows the camera to take videos with little to no shaky cam. Another good thing about the camera is its ability to take great pictures in low-light with the use of Flash, no other handset does this.

Don't like cords? No problem, the Nokia Lumia 920 comes with Wireless Charging built in. The company made a big deal about this feature when the handset was first announced; however, Wireless Charging is something the Lumia could have done without.

All that innovation packed into one phone could be the reason why Nokia is having problems with manufacturing. Some of the components needed to make the Lumia 920 may not be easily attainable and, therefore, Nokia can only deliver limited Lumia 920's to retailers at a time.

We believe if Nokia had toned down its ambitions and just released a decent enough phone, things could have been better. Sure, Nokia is aiming to escape the jaws of becoming irrelevant, but going all out with one handset may not be the right way out.

What Nokia needs to do is release a variant of the Lumia 920, a phone that lacks Wireless Charging and some of the PureView features but retain the same great 720p display.

CES 2013 is not far off, it is critical that Nokia has something exciting to show apart from the rumored Windows RT tablet device.