Nokia loss $834 millions this quarter, blamed economy and parts shortage, We read competition

Nokia today is reporting a massive loss of $834 due to slow economy recovery and component shortages, this is the first time Nokia reports this kind of loss and as expected the its share value is being beaten on the market lossing a 6%, but while there may be a components shortage due to Apple’s hunger for flash memory and lcd screen, Nokia is suffering a stronger competition in all level, not only the iPhone is eating Nokia’s business but Samsung, LG and othe

[#2 AunEstoyAqui]

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[#3 Enfurecido]

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