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Could Nokia get a boss upgrade?

Profits at Finnish mobile phone handset company Nokia slumped by 40% in the second quarter compared with the previous three months.

The firm announced that profits were a mere 227m euros ($291m; £191m) for the three months ending in June.

Nokia warned last month that it expected its sales and profits figures to fall short of earlier forecasts.

The company has struggled to compete since Apple and Google entered the market with their new smartphones.

Ashleigh Nghiem reports.

  • 22 Jul 2010