BY ANTON TROIANOVSKI, SVEN GRUNDBERG AND SPENCER E. ANTE
Nokia Corp. warned Thursday that its cellphone business is quickly deteriorating and that it will cut 10,000 workers, a setback that threatens partner Microsoft Corp.'s mobile aspirations.
The companies bound themselves together last year in a last-ditch effort to compete in a smartphone market dominated by Apple Inc. and Google Inc. Now, Microsoft faces the possibility that the company responsible for two-thirds of its mobile software shipments may not be strong enough to give it influence in mobile computing.
Until this year, Nokia enjoyed a 14-year-run as the world's largest maker of mobile phones. But the company raised new doubts ...
BY ANTON TROIANOVSKI, SVEN GRUNDBERG AND SPENCER E. ANTE
Nokia Corp. warned Thursday that its cellphone business is quickly deteriorating and that it will cut 10,000 workers, a setback that threatens partner Microsoft Corp.'s mobile aspirations.
The companies bound themselves together last year in a last-ditch effort to compete in a smartphone market dominated by Apple Inc. and Google Inc. Now, Microsoft faces the possibility that the company responsible for two-thirds of its mobile software shipments may not be strong enough to give it influence in mobile computing.
Until this year, Nokia enjoyed a 14-year-run as the world's largest maker of mobile phones. But the company raised new doubts ...
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