http://www.norphones.com Everything about phones Tue, 07 Feb 2012 13:28:42 +0000 en hourly 1 http://wordpress.org/?v=3.0.3 http://www.norphones.com/nokia-posts-834-million-quarterly-loss-smartphone-share-down-to-35/ http://www.norphones.com/nokia-posts-834-million-quarterly-loss-smartphone-share-down-to-35/#comments Thu, 15 Oct 2009 19:43:29 +0000 Miko http://www.norphones.com/?p=1114 Nokia just posted a net loss of 559 million euro (834 million dollars) for the third quarter — its first quarterly loss in a decade according to the AFP. The loss comes after a reported 20% drop in sales and 1.17 billion euros in write-downs, mostly for impairment charges on Nokia Siemens Networks. Nokia also said that its smartphone market share dropped to 35% versus 41% in the previous quarter. With fierce competition from Apple and RIM, and Palm just launching its Pre into Nokia’s European stronghold, well, it’s a good thing Nokia’s branching out into untapped markets like single-core Atom-based netbooks.

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