Telecom & Wireless

Nokia Earnings: Margins Under Pressure

Nokia’s (NYSE: NOK) margins must be under pressure. In its latest earnings report its said that its forecast the global handset market was intact. It also said it market share would rise to 33% from its previously forecast 32%.

But, the world’s largest handset company missed Wall St.’s forecasts.

Nokia’s reported net profit of €349 million for the three months to March 31, up from €122 million a year earlier but below analysts’ expectations for €370 million. But with its improve market share, that  net should probably been higher. The means it is likely losing its position in the high end of the market where it competes with LG, Samsung, Apple, and RIM.

Douglas A.McIntyre

Credit Card Companies Are Doing Something Nuts

Credit card companies are at war. The biggest issuers are handing out free rewards and benefits to win the best customers.

It’s possible to find cards paying unlimited 1.5%, 2%, and even more today. That’s free money for qualified borrowers, and the type of thing that would be crazy to pass up. Those rewards can add up to thousands of dollars every year in free money, and include other benefits as well.

We’ve assembled some of the best credit cards for users today.  Don’t miss these offers because they won’t be this good forever.

Flywheel Publishing has partnered with CardRatings for our coverage of credit card products. Flywheel Publishing and CardRatings may receive a commission from card issuers.

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