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Nokia reshuffles executive team after poor 3Q

July 31, 2018
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HELSINKI — Nokia Corp., the world’s biggest cell phone maker, announced changes to its executive team on Friday – a day after it reported a sharp fall in market share of smartphones and a net quarterly loss. (Washington Post — 16 October, 2009)
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Could the smartphone market spell the end of Nokia’s cell phone dominance? Competition, especially from the likes of Apple and RIM, is tough and expected to get tougher. (CNET News.com — 16 October, 2009)
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Nokias leading share of the cellphone market remained unchanged, but the company acknowledged that its lead in the smartphone market was slipping. (New York Times — 17 October, 2009)
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STOCKHOLM — Mobile phone maker Sony Ericsson on Friday said its losses widened to euro164 million ($245 million) in the third quarter, mainly due to plunging sales, but reassured the market by announcing it had secured new financing from external investors. (Washington Post — 16 October, 2009)
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