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//Friday, December 04, 2009


  Nokia to cut smartphone offerings in half in 2010
Reuters is reporting that Nokia will be cutting its smartphone offerings in half in 2010. The move comes as Nokia continues to see its share of the smartphone market decline due to increasing competition from Apple, Palm, Google, and RIM.

Nokia continues to sell more smartphones than any of its rivals, but has lost ground as competition grows.

"We see ... really fierce competition certainly in the high end, but we also see it in the mid to low end of smartphones increasing," Jo Harlow, the new chief of Nokia's smartphone unit, said in a webcast on Thursday.

"We will defend our position, but we believe we also have tools to play offense as well as defense," said Harlow."

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