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

By Jeff Baker - 10/15/2009 3:20:26 PM


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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Tags: Loss, Market share, Nokia, Smartphone



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