Saturday, September 6, 2008

Nokia warns 3Q market share will fall; shares dive

Nokia's Research Center in Helsinki, pictured in 2007. Nokia, the world's leading mobile phone maker cut its third quarter market share guidance, sending its share price tumbling.(AFP/File/Antti Aimo-Koivisto)

Shares in Nokia Corp. tumbled Friday after the leading cell phone maker said its third-quarter global market share will decline from second-quarter levels because of aggressive price cuts by its rivals
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