Source: http://osnews.com/story/24658/Nokia_Market_Share_Falls_But_Microsoft_Deal_Confirmed
Thursday, 21 April 2011
Nokia Market Share Falls But Microsoft Deal Confirmed
"Mobile phone maker Nokia has posted better-than-expected profits for the first three months of 2011, down 1% to 344m euros. But its market share fell 4% to 29% as cheaper rivals and the popularity of competitors' smartphones ate into Nokia's dominance. Nokia also said that it had struck a long-awaited deal to develop smartphone technology with Microsoft. Investors welcomed the news, sending Nokia shares up almost 3%."
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