The world's largest mobile phone maker isn't recession-proof, as sales -- and demand -- takes a nose-dive. Earnings for the world's largest cell phone maker plummeted to €122 million -- down from €1.2 billion a year earlier -- on a decrease in revenue that saw Nokia's (NYSE: NOK) sales drop from €12.6 billion to €9.2 billion compared to a year ago. On a per-share basis, Nokia reported a €0.03 profit, down sharply…
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Intel sees a bottom in PC sales, but it's the rest of the stock market that benefits. The stock market rebounded on Wednesday, but chip stocks were left behind on a mixed outlook from Intel (NASDAQ: INTC). Intel shares slumped 2.4% after the company called a bottom in the PC market but issued a cautious outlook for the second quarter.…
Читать дальше Intel Drags Chip Stocks Lower