Nokia Warns On Q2, To Ax 10,000 More Jobs; Share Dive
Posted on June 14, 2012 at 08:50 AM EDT
Mobile phone maker Nokia (NOK) on Thursday issued another profit warning and said it would axe 10,000 workers as it struggles to cope with competition with Apple (AAPL) and Samsung. N.Y.-listed shares in Nokia fell 9% in pre-market trading. Nokia's new Lumia smartphones, which use Microsoft (MSFT) software, have yet to buck the popularity of the Apple iPhone and Samsung devices. Taiwan's HTC and Research in Motion (RIMM) are also struggling
Stock Market XML and JSON Data API provided by FinancialContent Services, Inc.
Nasdaq quotes delayed at least 15 minutes, all others at least 20 minutes.
Markets are closed on certain holidays. Stock Market Holiday List
By accessing this page, you agree to the following
Privacy Policy and Terms and Conditions.
Press Release Service provided by PRConnect.
Stock quotes supplied by Telekurs USA
Postage Rates Bots go here