Oct 16
Yesterday’s nasty Q3 financial report from Nokia (NOK) continues to have ripple effects, and the stock remains under pressure. To review: The company yesterday reported unexpected weakness in both the smart phone market and its Nokia Siemens equipment joint venture. Nokia is losing market share in both areas; what seemed surprise people is the magnitude of the troubles in both areas. Let’s run through some of the fallout: Nokia has made some management changes . CFO Rick Simonso
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