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Nokia Posts $834 Million Quarterly Loss |
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| Created On: |
Thursday October 15, 2009 |
| Description: |
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 [...]..(more) |
| Discussion Type: |
Discussion on News |
| Number of Topics: |
0 |
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