Five Companies That Dropped The Ball This Week

Nokia Reports Q4 Loss; Smartphone Sales Plummet

Nokia reported a $1.4 billion loss during its fiscal fourth quarter, along with a 31 percent drop in smartphone sales and a 21 percent drop in revenue. Despite an enthusiastic initial market response to its Lumia smartphone, Nokia's outlook for the coming year remains uncertain, and the company did not offer 2012 guidance.

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