Nokia Posts $834 Million Quarterly Loss

Suggested by Webmaster on Thursday October 15, 2009

Finnish handset maker Nokia has posted its first quarterly loss in a decade, and it is a doozy. The company is reporting a €559 million ($834 million) loss, due to falling handset sales. Nokia stated that its smartphone market share fell from 41 percent to 35 percent over the quarter. The company took a €908 [...]

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