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Nokia posts loss of $832 million in third quarter
Thursday, October 15, 2009 6:58 AM


(Source: Associated Press/AP Online)trackingHELSINKI, Finland - Nokia Corp. has reported a loss of euro559 million ($832 million) in the third quarter as sales dropped 20 percent.

The world's largest mobile phone maker made a profit of euro1.09 billion in the same period last year.

Sales fell to euro9.81 billion, from euro12.2 billion in the third quarter of 2008.

Nokia said Thursday its sales were hurt by a shortage of components across its product portfolio.

A service of YellowBrix, Inc.



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