Nokia may warn of low profits due to weak phones, price cuts

Nokia may be ready to warn of poor phone sales in advance of its results, analysts at Macquarie Group said. In a note to investors, Macquarie understood Nokia could report low sales and dropping income as soon as next week. The shortfall would come from both a disappointing phone lineup and from Nokia's insistence on tying prices to the US dollar rather than the euro, which in the spring would ...
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