Nokia cuts earnings forecast

Release Date 17 Jun, 2010 in New York Post

 
   
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Nokia lowers second quarter expectations

BusinessWeek - Nancy Gohring - 17 Jun, 2010
Facing continued pressure from Apple and other smartphone makers, Nokia on Wednesday warned that its second quarter earnings would be lower ...

Mobile-phone parts makers weighed by Nokia warning

MarketWatch - Phani Kumar - 17 Jun, 2010
HONG KONG (MarketWatch) -- Shares of Asian handset-component makers were mixed Thursday after Nokia Corp. issued a profit ...

High-end rivals turn the screws on Nokia

Financial Times - Andrew Ward - 17 Jun, 2010
Nokia yesterday warned that its second-quarter financial results could miss previous guidance in another sign of pressure on the ...

Nokia Misses Smartphone Boom as Customers Flock to IPhone 4

BusinessWeek - Diana ben-Aaron - 17 Jun, 2010
June 17 (Bloomberg) -- As Apple Inc. struggles to meet demand for the latest version of the iPhone, Nokia Oyj is still waiting to ship ...

New Nokia profit warning as smartphones eat into its market share

The Australian - Nic Fildes - 17 Jun, 2010
NOKIA has issued its second profit warning in as many months after admitting that it will continue to lose market share to its smartphone rivals over the ...

Nokia Warns On Profits As Competition Sharpens

Wall Street Journal - Gustav Sandstrom - 17 Jun, 2010
STOCKHOLM (Dow Jones)--Nokia Corp. (NOK) Wednesday said sales and profits would be lower than expected this ...

Nokia gives Q2 profit warning

The Associated Press - Matti Huuhtanen - 17 Jun, 2010
HELSINKI â€" Nokia Corp. warned Wednesday that its earnings this year will be hit by tough competition from rivals in the smart phone market. ...

HEARD ON THE STREET: Nokia Dials Another Wrong Number

Wall Street Journal - Molly Neal - 17 Jun, 2010
Nokia is trying its shareholders' patience. What must surely grate with investors about the handset maker's latest profit warning isn't only ...

Nokia cuts sales outlook due to market forces

CNET (blog) - Lance Whitney - 17 Jun, 2010
Nokia expects market conditions to impact its annual and second-quarter financial results, forcing the company to trim its sales outlook. ...

Nokia cuts outlook citing fierce competition, shares plunge

AFP - Laura Vinha - 17 Jun, 2010
HELSINKI â€" Shares in Nokia plunged more than 10 percent percent Wednesday after the world's top mobile phone maker slashed forecasts for its key devices and ...

Nokia warns on key phone unit, shares drop 10 percent

Reuters - Terhi Kinnunen, Brett Young - 17 Jun, 2010
HELSINKI (Reuters) - Nokia (NOK1V.HE) warned on Wednesday second-quarter sales and profits at its key phones unit would be weaker than expected as it ...

Nokia Lowers Forecasts Amid IPhone Competition

BusinessWeek - Diana ben-Aaron - 17 Jun, 2010
June 16 (Bloomberg) -- Nokia Oyj, the world's biggest maker of mobile phones, cut its outlook for sales and margins, hurt by competition ...

Nokia cuts second quarter sales forecast

The Hindu - 17 Jun, 2010
PTI Finnish mobile handset-maker Nokia today slashed its sales forecast for the second quarter amid stiff competition in the smartphones segment. ...

Android and iPhone bite into Nokia Q2 results

Register - Bill Ray - 17 Jun, 2010
Nokia has been having a worse year than expected, reminding the world that it's a tough market out there. ...

Nokia Nosedives After Lowering Outlook

Forbes - Tom Reese, Paul Rubillo - 17 Jun, 2010
Mobile phone maker Nokia plummeted in premarket trading Wednesday after the company cut its second-quarter and full-year Devices & Services outlook. ...

News Update: Nokia Falls as Q2 Projections Lowered on Increased Competition ...

SmarTrend News - 17 Jun, 2010
Nokia Corp. (NOK) is falling before the bell as it cut its outlook for the second quarter amid worries about the falling value of the euro, coupled with ...

CORRECT: Nokia Warns 2Q Sales, Margins To Fall Short

Wall Street Journal - Gustav Sandstrom - 17 Jun, 2010
("UPDATE: Nokia Warns 2Q Sales, Margins To Fall Short," at 1238 GMT, misstated the day in the first and 12th paragraphs. The error also appeared in "Nokia ...

Nokia Reduces Q2 Forecast; Trouble In Smart Phones; Stk Off

Barron's (blog) - Eric Savitz - 17 Jun, 2010
Nokia (NOK) shares are down sharply in early trading after the cell phone giant reduced its Q2 outlook. The company said that in the quarter, ...

Nokia cuts earnings forecast

New York Post - Holly Sanders Ware - 17 Jun, 2010
Nokia, the Finnish mobile-phone giant playing catch-up in the smartphone race, slashed its profit outlook yesterday after failing to ...

Hot mobile news: Nokia profit slump, Japan mergers, Yahoo!

GoMo News - 17 Jun, 2010
It's been an exciting few days for some of the biggest names in the mobile industry. Nokia has announced more doom and gloom, the Japanese mobile market is ...

Nokia gets the wrong number - again

TelecomTV - Martyn Warwick - 17 Jun, 2010
The long Finnish winter is over for this year but Nokia's slow slide down a slippery slope continues. The mobile handset manufacturer has issued its second ...

Nokia disappointing results are here to stay

Gerson Lehrman Group - 17 Jun, 2010
The profit warning from Nokia earlier this week represents a change in the business ternd for Nokia. The introduction of Apple's iPhone not only threatens ...

Nokia Lowers Profit Expectations, Shares Plummet

The Epoch Times - 17 Jun, 2010
Nokia Corp., the world's largest cell phone maker, on Wednesday warned that second-quarter profits at its cell phone unit may not be as strong as previously ...

Nokia (NYSE: NOK) Tops Most Actives 6-16-10

Oil & Gas Financial Journal - 17 Jun, 2010
The king is dead! Long live the king! Apple is kicking butt in the mobile marketplace, with the latest blow falling upon Nokia. "The Greek" earned clients a ...

Is Trouble Brewing At Nokia?

The Market Financial - Mark Riddix - 17 Jun, 2010
Shares of Nokia (NYSE:NOK) dropped over 10% today as the smartphone maker lowered its earnings guidance for the year. Shares look cheap at just $8.77 per ...

Why RIM, Motorola and Samsung Aren't About to Follow Nokia Down

DailyFinance - Dawn Kawamoto - 17 Jun, 2010
Nokia (NOK) investors got doused with cold water Wednesday when the struggling handset maker lowered its second-quarter earnings guidance. ...

Nokia lowers Devices and Services outlook for Q2

All About Symbian - Rafe Blandford - 17 Jun, 2010
Nokia today issued a press release downgrading its outlook for Q2 2010 in the critical Devices and Services area. Nokia now expects both its net sales and ...

Nokia Fails Again - Q2 Results Out

Techie Buzz - Apurva Chaudhary - 17 Jun, 2010
The slow growth of Symbian^3, lack of marketing skills and the inability to see the future has taken a toll on ...

Nokia downgrades outlook as developers flee

RCR Wireless - Matt Kapko - 17 Jun, 2010
Nokia Corp. continues to buckle under the increasing might and will of its competitors in the smartphone space. In a note to investors , the company ...

Nokia's Reduced Expectations

istockAnalyst.com (press release) - Neil Carvin - 17 Jun, 2010
Nokia (NYSE: NOK) and HEL:NOK1V; warned on 16 June 2010 that its Devices and Services (D&S) unit, which is the company's most important business, ...

 

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