Nokia Lowers Devices & Services Second Quarter 2010 Outlook and Updates the Full Year 2010 Outlook

Nokia Corporation Stock exchange release June 16, 2010 at 15:00 (CET +1) Espoo, Finland – Nokia today commented on factors impacting its business and updated its second quarter and full year 2010 outlook for Devices & Services. During the second quarter 2010, multiple factors are negatively impacting Nokia’s business to a greater extent than previously expected. These factors include: the competitive environment, particularly at the high-end of the market, and shifts in product mix toward…

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