Nokia's equipment unit NSN suffers 33 percent profit drop in third quarter

HELSINKI (Reuters) - Operating profit at Nokia's telecoms equipment unit Nokia Solutions and Networks (NSN) fell 33 percent in the third quarter, showing a slowdown in what will be the Finnish company's main business after the sale of its troubled phones division to Microsoft. Nokia forecast that NSN's profit margin would improve in the fourth quarter to around 12 percent from 8.4 percent in the third quarter, helping its shares rise 6 percent. ...



via Tech News Headlines - Yahoo! News http://news.yahoo.com/nokias-equipment-unit-nsn-suffers-33-percent-profit-112953389--finance.html