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Nokia’s second quarter earnings plummet

Posted by nokia | Posted on 4:00 AM | Posted in

Nokia has announced that its second-quarter earnings plummeted by 66%. The company blames the recession for the drop, saying demand for its products has diminished due to the economic turmoil. Their net profit was $535 million down from roughly €1.4 billion this time last year. Nokia shares fell 11% as

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