HELSINKI: Nokia Oyj reported a 73% fall in fourth-quarter earnings as sales of its new Windows Phones failed to dent the dominance of Apple Inc’s iPhone or compensate for diving sales of its own old smartphones.
The world’s largest cellphone maker by volume unveiled a year ago a major strategy shift to Microsoft Corp software for its smartphones in an attempt to challenge Apple and Google Inc’s Android. But Apple’s phones in particular have proved far more popular.
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