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Nokia Is Doomed, Pt. III: Profits Plummet By Two Thirds

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Matt declared their latest, greatest salvo in the smartphone wars a wide miss, and analysts chimed in to say that yes, Nokia’s high-end prospects are grim. Well, Nokia’s second quarter earnings are in, and boy, are they gruesome: profit is down 66% from the same time last year, market share is basically flat, and product-wise, there’s no obvious cure on the horizon. [WSJ]

https://gizmodo.com/nokia-n97-review-nokia-is-doomed-5308440

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