The world’s largest cellphone maker cited pressure from the economic crisis and currency volatility.


The cellphone maker reported weaker-than-expected third-quarter sales and profits, but its outlook reassured jittery investors.


The world’s top cellphone maker, Nokia, reported weaker-than-expected third-quarter sales and profits, but its outlook on the cellphone market reassured investors.


The world’s biggest cellphone maker said that its third-quarter global market share would decline because of aggressive price cuts by its rivals.


The proliferation of new applications and the realization that they make cellphones more popular has convinced carriers that they need to give consumers more freedom.


Under the terms of the agreement, Nokia can use all of Qualcomm’s patents in its mobile phones and network equipment, and in return it agreed not to use its patents against Qualcomm.


Under the terms of the agreement, Nokia can use all of Qualcomm’s patents in its mobile phones and network equipment, and in return it agreed not to use its patents against Qualcomm.


 
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