Struggling Nokia's Woes Mount/ Nokia's Problems Haunt Microsoft / Nokia to exit Japan by August

A high-end Vertu phone decorated in diamonds.

(Credit: CBS/vertu.com)

2011.11

Two years ago, Nokia stopped supplying phones to Japanese carriers, leaving only its high-end Vertu handsets behind in Tokyo's Shibuya and Ginza locations. Now, Nokia will shut down those as well by the end of July.
Vertu is Nokia's high-end brand, with phones that cost thousands of dollars each. The handsets are also typically lacking in features, with the emphasis more on design and style than specs or performance. The phones are often decorated in precious metals or jewels.
NTT DoCoMo will cease providing the Nokia service by the end of August,




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 Nokia's Problems Haunt Microsoft

Nokia warned that its cellphone business is deteriorating and that it will cut 10,000 workers, a setback that threatens partner Microsoft's mobile aspirations.

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• Traders See Big Moves in Nokia's Future

• Video: Nokia Cuts 10,000 Jobs

• Timeline: Nokia's History



 Struggling Nokia's Woes Mount

Nokia sparked fresh doubts about its viability by warning that its losses will be worse than the mobile-phone maker expected just two months ago. The company plans to cut an additional 10,000 jobs.

• Heard: Nokia's Signal Is Fading Fast

• The Source: More Pain Ahead for Ailing Nokia

• Traders See Big Moves in Nokia's Future

• Video: Nokia Cuts 10,000 Jobs