Nokia investors tell CEO their patience running thin

08 May, 2013, 11:46 am IST General

Nokia investors told Chief Executive Stephen Elop on Tuesday that they were running out of patience with his flagging attempts to catch up with market leaders Apple and Samsung in smartphones. More

Nokia to trim loss as Lumia sales pick up

18 Apr, 2013, 8:37 am IST General

Finnish mobile phone maker Nokia is expected to have trimmed its losses in the first quarter, thanks to rising Lumia smartphone sales and a turnaround... More

Nokia returns to profit but sales keep dropping

25 Jan, 2013, 11:51 am IST General

Struggling Nokia Corp. turned a net profit of (EURO)202 million ($270 million) in the fourth quarter, compared with a loss of $1 billion a year earlier... More

Lumia sell-out no proof of Nokia turnaround

19 Dec, 2012, 10:06 am IST Smartphones 1 Comments

It's too soon to bet that Nokia's on the road to recovery after its new Lumia smartphones were sold out in many stores... More

Nokia seeks $1 bln from bonds to help drive fightback

24 Oct, 2012, 1:55 am IST Smartphones

Mobile phone maker Nokia plans to raise 750 million euros by issuing bonds that can be converted into shares, seeking a cheap way to bolster its ... More

Nokia losses pile up as sales plunge

19 Oct, 2012, 9:24 am IST Smartphones

Nokia Corp. reported Thursday that its third quarter net loss widened further to (EURO)969 million ($1.27 billion) with a 19 percent plunge in revenue... More

Nokia posts loss, raising stakes for new Lumia sales

18 Oct, 2012, 4:49 pm IST Smartphones 1 Comments

Nokia reported another quarterly loss and dwindling cash reserves on Thursday, but results were better than expected ahead of next month's launch ... More

Elop running out of time to turn Nokia around

20 Sep, 2012, 10:18 am IST Smartphones

Stephen Elop only has a few months to show he can turn Nokia around if he is to survive but the new smartphone ... More

Timeline: The fall of Nokia

19 Sep, 2012, 4:40 pm IST Naina Khedekar Mobile phones 30 Comments

Most of us have loved our Nokia devices and it brings in a lot of nostalgia to many users, but that’s the problem. More

Nokia cuts prices of older Windows phones, shares fall

06 Sep, 2012, 5:46 pm IST Mobile phones 4 Comments

Loss-making Nokia has slashed prices of its older smartphone models using Microsoft Windows software, industry sources said on Thursday, a day after investors More

Nokia shares jump on Apple-Samsung ruling

27 Aug, 2012, 5:22 pm IST Mobile phones

Shares in mobile phone firm Nokia leapt 10 percent on Monday on hopes it can benefit from a setback to rival Samsung... More

Mobile giants rest on shifting sands

01 Aug, 2012, 10:26 am IST Jamshed Avari Mobile phones 7 Comments

It’s hard to watch tech icons decline, but things are far from over for two of the mobile world’s biggest names. More

Nokia shrugs off Moody's cut, says impact limited

24 Jul, 2012, 8:27 am IST Mobile phones

Moody's slashed Nokia's credit rating by two notches to Ba3, saying it expects the struggling mobile phone maker to post bigger losses and burn more ... More

Nokia looks to revamp marketing strategy

23 Jul, 2012, 10:33 am IST Mobile phones 1 Comments

Nokia is considering ripping up its traditional mass marketing strategy ahead of the unveiling of its new Windows 8 smartphone in the autumn, the ... More

Nokia revival hopes fade as analysts cut targets

21 Jul, 2012, 10:33 am IST Mobile phones 1 Comments

Analysts cut their price targets on Nokia to little more than the value of its cash and patents on Friday as hopes fade that phones using new Microsoft ... More

Nokia holds more cash than feared despite big loss

19 Jul, 2012, 5:40 pm IST Mobile phones 3 Comments

Nokia made a slightly smaller loss than expected and ended the second quarter with more cash than investors feared, despite losing market ... More

Nokia investors brace for weak second-quarter phone sales

19 Jul, 2012, 3:16 pm IST Mobile phones 1 Comments

Nokia investors are bracing for the Finnish mobile phone maker to report weak sales of the Lumia phones that are crucial to its turnaround More

Nokia price cut worries investors ahead of Q2 results

17 Jul, 2012, 10:34 am IST Mobile phones

Shares in Nokia Oyj fell over 3 percent on Monday after the company slashed the price of its flagship smartphone, with investors seeing it as ... More

Nokia to fall deeper into the red

12 Jul, 2012, 9:29 am IST Mobile phones

Nokia is expected to have tumbled deeper into the red when it reports quarterly results next week, with sales of the Microsoft-based ... More

Nokia to shut shop on Finland's Salo branch where it all began

25 Jun, 2012, 11:56 am IST Mobile phones

Nokia workers in Salo thought chief executive Stephen Elop signalled that their plant, Europe's last major mobile phone factory, would survive when ... More