In its early years, Nokia was an innovator — the company that became an intimate part of hundreds of millions of peoples’ lives through their mobile phones.
But the company has recently slacked off, and most of the innovation in the mobile industry is coming from the likes of Apple and Google in Silicon Valley.
So Nokia’s [...]
Nokia Oyj, the world’s biggest maker of mobile phones, posted a steeper-than-expected 40 percent drop in second-quarter profit on competition from Apple Inc.’s iPhone and devices based on Google Inc.’s Android software.
Net income fell to 227 million euros ($291 million), or 6 cents a share, from 380 million euros, or 10 cents, a year earlier, [...]
Google’s Nexus One phone, touted as a “super” phone by Google and a key iPhone competitor when it launched in January, is now history in the United States. The search giant said it will no longer sell the phone via its website once existing stock is depleted.
“Once we sell these devices, the Nexus One will [...]
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