Nokia cancels 2011 financial update as Q2 expectations plummet

Dan Worth
clock • 2 min read

Increased competition from China and change in strategy cited as reasons for failings

Nokia has announced that it will not release any financial targets for 2011 after figures for the second quarter fell well below its initial estimates. The troubled handset manufacturer said tha...

To continue reading this article...

Join Computing

  • Unlimited access to real-time news, analysis and opinion from the technology industry
  • Receive important and breaking news in our daily newsletter
  • Be the first to hear about our events and awards programmes
  • Join live member only interviews with IT leaders at the ‘IT Lounge’; your chance to ask your burning tech questions and have them answered
  • Access to the Computing Delta hub providing market intelligence and research
  • Receive our members-only newsletter with exclusive opinion pieces from senior IT Leaders

Join now

 

Already a Computing member?

Login

You may also like
US to block TikTok - ByteDance vows to fight back

Legislation and Regulation

Talks about a ban have finally progressed past the theoretical stage

clock 25 April 2024 • 3 min read
ToddyCat cybercriminals using high-end tools to commit 'industrial scale' theft

Threats and Risks

ToddyCat restrict access to compromised systems while they steal valuable data.

clock 23 April 2024 • 2 min read
Apple pulls two major messaging platforms from China App Store

Mobile Software

Chinese government cites security concerns

clock 22 April 2024 • 2 min read

More on Mobile Software

Apple pulls two major messaging platforms from China App Store

Apple pulls two major messaging platforms from China App Store

Chinese government cites security concerns

Muskan Arora
clock 22 April 2024 • 2 min read
Google agrees to pay $700m to settle one antitrust action in US

Google agrees to pay $700m to settle one antitrust action in US

But concessions are time limited and those relating to billing are contentious

Penny Horwood
clock 19 December 2023 • 3 min read
Epic wins antitrust battle with Google

Epic wins antitrust battle with Google

Federal jury finds unanimously in Epic’s favour on all counts

Penny Horwood
clock 12 December 2023 • 2 min read