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Instant View: Nokia Q3 in red, sees tough Q4US-NOKIA-RESULTS-INSTANT:Instant View: Nokia Q3 in red, sees tough Q4
HELSINKI (Reuters) - Nokia reported another quarterly loss and dwindling cash reserves on Thursday, raising the stakes for next month's launch of new Lumia smartphones it hopes can dent the dominance of market leaders Apple and Samsung.
The following are analysts' reactions:
GEOFF BLABER, CCS INSIGHT
"Lofty market expectations for Q4 ignore the reality that new products will ship halfway through the quarter into an overwhelmingly competitive and congested market."
"Nokia has never been more reliant on its mobile phone business. Success with Windows Phone remains as dependent on the continued success of Series 40 as it is on Microsoft."
(Compiled by Helsinki and Stockholm newsrooms; Editing by Hans-Juergen Peters)
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