Nokia lowers Devices & Services second quarter 2010 outlook and updates the full year 2010 outlook

Nokia commented on factors impacting its business and updated its second quarter and full year 2010 outlook for Devices & Services. During the second quarter 2010, multiple factors are negatively impacting Nokia’s business to a greater extent than previously expected. These factors include: the competitive environment, particularly at the high-end of the market, and shifts in product… Read More →

Nokia sues Apple in Wisconsin for infringement of Nokia patents

Nokia announced that it has today filed a complaint against Apple with the Federal District Court in the Western District of Wisconsin, alleging that Apple iPhone and iPad 3G products infringe five important Nokia patents.The patents in question relate to technologies for enhanced speech and data transmission, using positioning data in applications and innovations in antenna configurations… Read More →

Kallasvuo addresses Nokia AGM says 2010 a key year

Helsinki, Finland – Nokia has built a solid foundation for future success, CEO Olli-Pekka Kallasvuo told shareholders Thursday. “By combining services with devices, Nokia is in a stronger position to grow and create more value for our shareholders,” Kallasvuo said. “We still have plenty of work to do, but we have built a solid foundation. We believe… Read More →