Tuesday, November 3, 2009

Nokia reports $834 million quarterly loss, other not so good news


Nokia has long been known as one of the premiere handset makers on Earth with a staggering market share. Today, however, the news is not the same as Nokia has just posted a $834 million quarterly loss, but that’s not all.

The mega handset manufacturer also let us know that their smartphone market share is also down to 35% as compared to 41% in last quarter.

Is this the beginning of the end for Nokia? Perhaps once their N900 hits the market these numbers will be a bit different? Only time could tell.

via engadaget

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