Jul 24, 2014
Nokia raises networks outlook after second-quarter profit beats estimates
Nokia raises networks outlook after second-quarter profit beats estimates
Finnish telecoms gear maker Nokia on Thursday announced a stronger-than-expected quarterly profit margin in its core networks unit helped by cost cuts and said its full-year expectations had improved. Nokia sold its once-dominant phone business to Microsoft in April. After the deal, almost 90 percent of Nokia's sales come from its network unit
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