Thursday, October 20, 2011

Nokia Beats Views as Low-End Shines

Nokia swung to a second successive net loss in the third quarter, but reported better-than-expected results thanks to higher sales of its low-end cell phones. Its shares rose more than 8 percent, as results highlighted an increase in shipments of its cheaper feature phones.

Source: http://allthingsd.com/20111020/nokia-beats-views-as-low-end-shines-2/

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