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Nokia shares plunge as cell phone maker posts 66 pct profit drop, lowers targets

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Angsuman Chakraborty

Posts: 19816
Nickname: angsuman
Registered: Dec, 2003

Angsuman Chakraborty is the CEO and Chief Architect at Taragana

Nokia shares plunge as cell phone maker posts 66 pct profit drop, lowers targets

Posted: Jul 16, 2009 11:30 AM

This post originated from an RSS feed registered with Java Buzz by Angsuman Chakraborty.
Original Post: Nokia shares plunge as cell phone maker posts 66 pct profit drop, lowers targets Feed Title: Simple Thoughts - Java and Web Technology Blog Feed URL: http://tech.gaeatimes.com/index.php/feed/ Feed Description: News and views as a Software Architect and Entrepreneur on Java and Web Software.	Latest Java Buzz Posts Latest Java Buzz Posts by Angsuman Chakraborty Latest Posts From Simple Thoughts - Java and Web Technology Blog

Nokia posts 66 pct fall in Q2 profits, shares drop STOCKHOLM â The world's top cell phone maker, Nokia Corp., on Thursday said second-quarter earnings fell 66 percent as the global recession sapped demand. The company scrapped its target to gain market share this year and its stock sagged. Net profit was euro380 million ($535 million), down [...]

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