Nokia shares in predicted plunge

Mexico News.Net
Sunday 7th September, 2008

Nokia has lowered its predicted market share for the third quarter.

Shares for the world's largest mobile phone maker immediately dropped on the Nokia statement.

The Finnish company has blamed problems with the production of its new mid-range phones and aggressive pricing by rivals for the downgrade.

But it remains optimistic it can recover its market share over the year.

Email this story to a friend

Have your say on this story

Top Stories

Report says nuclear explosion is an abiding risk
A new report has been released to say the world still faces a serious risk of nuclear explosion, with weapons-making materials falling into wrong hands. [read story]
Flight attendant helps with landing
A flight attendant aboard an Air Canada passenger jet helped to land the aircraft in Ireland after its co-pilot suffered a mental breakdown. [read story]
Blast in Bangkok kills protestor
An anti-government protester has been killed in a Bangkok bomb explosion. [read story]
Australian terrorist wants greater freedom
Australian man, David Hicks, who was convicted of terrorism offences in the US, has broken his self-imposed silence and called on police to relax stringent controls over his freedom. [read story]
Storms wash away people in Vietnam
Nine people, including three children, have been killed in heavy rains during a storm in central Vietnam. [read story]

RSS Feed