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(Image from article: "Nokia Tries to Undo Blunders in U.S.")

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Samsung Takes Cellphone Lead

Galaxy Note

Soaring sales of smartphones lifted Samsung Electronics's profit to a record and apparently pushed the South Korean company past Nokia as the world's biggest cellphone seller—and perhaps past Apple as No. 1 in smartphones.

 

S&P cuts Nokia rating to junk

Standard & Poor's has cut its credit rating on Finnish cellphone maker Nokia to junk on expectations of lower sales, following a similar move by Fitch Ratings earlier this week.

 

Nokia Tries to Undo Blunders in U.S.

Nokia Tries to Undo Blunders in U.S.

The world's biggest cellphone maker has seen its share of the U.S. market slide to 7 percent from a peak of 35 percent, but it is now trying to turn around.

 

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