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Nokia reports 66% profit loss in second quarter
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07-16-2009
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Nokia reports 66% profit loss in second quarter
Nokia reported today that its second-quarter earnings dropped 66% from last year. Its net profit has dipped to $535 million from $1.5 billion, and sales have shriveled by 25% to $14 billion. Analysts predicted a profit of $462 million, and sales of $14.27 billion.
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