Nokia Q2 profit falls 40 pct to $290 million

Thursday, July 22, 2010 - 09:14 in Mathematics & Economics

(AP) -- Nokia Corp. said Thursday that second-quarter net profit fell 40 percent to euro227 million ($290 million) as the world's largest mobile phone maker lost market share and sales remained flat. Analysts, however, noted its sales of smart phones were better than expected.

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