Saturday, October 23, 2010

Nokia to cut 1,800 jobs after strong Q3

HELSINKI, Oct 21 â€" Nokia reported stronger-than-expected profits for the third quarter, boosted by solid demand for its cheap smartphones, and said today it would cut up to 1,800 jobs. Third-quarter underlying earnings per share for the world’s largest handset maker dropped to €0.14  from €0.18 a year ago, but beat all forecasts â€" which ranged ...
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