- N.Y. prosecutors: Russian diplomats bilked $1.5 million from Medicaid
- Happy Meal: Couple goes to McDonald’s, leaves with bag packed with cash
- Boehner: It took me 3 to 4 hours to sign up for Obamacare
- Oh my God! Costco lists Bible as fiction, Ron Burgundy memoir as gospel
- Sarah Palin responds to Martin Bashir’s resignation, praises media
- Obama to send 2 Gitmo terror suspects back to Algeria
- Paul Walker secretly bought $9K wedding ring for Iraq vet
- Mystery sign poster hits Washington state town: ‘It’s OK to say Merry Christmas’
- Pope Francis forms commission to advise on sex abuse
- Anthony Weiner on radio? Cumulus says, ‘Never, ever’
Nokia poised to unveil Q3 earnings
HELSINKI (AP) - Nokia Corp. is expected to unveil more bad news when it reports its third-quarter results as the struggling cellphone maker faces increasing competition from rivals during its transition to using Microsoft’s software in its devices.
Analysts say sales and profits will plunge, with a further drop in market share for the former industry leader that lost its top position to Samsung earlier this year. Strategy Analytics expects Nokia to sell 8 million smartphones in the quarter compared with Samsung’s 55 million and Apple Inc.’s 27 million iPhones.
Markets will be watching keenly if the Finnish company’ teaming up with Microsoft Corp. last year has helped reverse its slide and raise the company’s profile.
A year ago Nokia reported a third-quarter net loss of (EURO)68 million on revenues of (EURO)8.9 billion.
- CURL: 'Mission Accomplished' for Obamacare
- Hack attack: 2 million Facebook, Twitter passwords stolen
- Obama returns to class warfare as poll numbers plunge
- 'Hunger Games' delivers Obama's message on income inequality: liberal group
- NAPOLITANO: Pope Francis should be saving souls, not pocketbooks
- Democratic infighting erupts over 'we can have it all' fantasy on entitlements
- Inside China: Nuclear submarines capable of widespread attack on U.S.
- American teacher shot and killed at Benghazi international school
- U.S. drops 2,000 mice on Guam by parachute to kill snakes
- At minimum, a bad deal
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