Mobile Maker Nokia Missed the Call

Nokia’s first quarter 2012 financial performance, including a lowered first quarter 2012 outlook for Devices & Services, shows that company is facing some tough times in the mobile market.

Increasing competition in the price-sensitive markets such as India, the Middle East and Africa and China are affecting Nokia’s business. What did Stephen Elop (pictured above), president and CEO of Nokia, say? Statement.

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