Nokia posts 66 pct fall in Q2 profits, shares drop - Kansas City Star by Siemens Ringtones

Fri, 17 Jul 2009 00:13:28 -0600

Nokia posts 66 pct fall in Q2 profits, shares drop - Kansas City Star

by Siemens Ringtones @ Fri, 17 Jul 2009 00:13:28 -0600



It also downgraded the outlook for its wireless network joint venture, Nokia Siemens Networks, expecting a moderate loss of market share in 2009. The company's earlier target was to keep its share of the network market constant compared to last year. ...

Highlights in the quarter included the first shipments of the N97 - Nokia's flagship smartphone - and the launch of the Ovi Store, the company's online shop for applications, ring tones and other content. ...