All Posts Tagged Tag: ‘reduced earnings forecast’

Nokia Cuts Jobs as it Struggles to Stay Afloat

Nokia is struggling to stay afloat ever since Apple introduced the iPhone.In fact, Samsung and Apple have gained huge handset market shares and Nokia is on a roll with four straight quarterly loses in a row. Today they announced a reduced earnings forecast for the remainder of 2012, and they really don’t expect to turn a profit in 2013 either. …

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