VENTURE CAPITAL POST

Nokia Corp accounted for 81% of all the Windows Phone shipments allowing Windows Phone to increase its market share to 3.7%.

The company's latest smartphone release failed in the market despite good reviews.

Samsung launched its newest smartphone in the US, Apple's home market, and then opened a research and development center in Nokia's home, Finland.

Analysts said that BlackBerry would not lose its corporate professional customers if it would focus on a healthy mix of everything and not just on its security features.

Apple and Samsung's combined shares plunged while new smartphone makers showed growth.

Strategy Analytic reported that Samsung already took Apple's place as the world's most profitable smartphone firm.

Microsoft's recent fumbles and non-interest in its mobile phone ventures left Finnish company Nokia on the deep end.

According to IDC, there were seven countries where Windows Phone outsold the iPhone.

Nokia's budget strained from move to buyout Siemens AG in handset deal

JP Morgan led the Eur1.2 billion out of the Eur1.7 billion that Nokia will pay to acquire 50% Siemens’ stake in Nokia Siemens Network.

Nokia CEO Stephen Elop said that the company has not considered synergies in its acquisition of the stakes in Siemens.

Finland based Nokia bought Siemens AG’s stake in the telecoms-equipment venture company priced at Eur1.7 billion.

Noki Oyj agreed to buy the stakes of Siemens AG in the Nokia Siemens Network according to sources.

A online WSJ report on Wednesday said that the early discussions between Microsoft and Nokia to purchase the latter's device unit have faltered with no chance of getting renewed.

Huawei Technologies Co said it had no plans to acquire Nokia as stated by the company's Vice President for external affairs.