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Edition: U.S. Article Comments (0) Save Email Print Reprints Most Popular Most Shared Snap Analysis: Obama's big speech: did he get his groove back? 7:35am EST Apple pitches $499 iPad, takes on Amazon | Video 10:09am EST Apple unveils iPad, bets on new device class | Video 27 Jan 2010 DAVOS-Soros says Obama bank levy premature, backs other plans 27 Jan 2010 Apple's iPad may underwhelm Hollywood 3:36am EST The best running shoe may be nature's own: study 27 Jan 2010 Apple unveils iPad, bets on new device class | Video 27 Jan 2010 Apple pitches $499 iPad, takes on Amazon | Video 10:09am EST Toyota safety recall spreads to Europe, China | Video 10:23am EST Is clean tech China's moon shot? 10:32am EST Apple iPad Apple unveils "iPad" Apple CEO Steve Jobs took the wraps off a sleek tablet that it called the iPad, pitching the new gadget at a surprisingly low price to bridge the gap between smartphones and laptops. Full Article Everything you wanted to know about the iPad Features of Apple's new iPad Analysis: Apple's iPad no Kindle-killer, yet iPad may underwhelm Hollywood Publishers embrace iPad, but revolution unlikely Nokia beats forecasts, shares rally Tarmo Virki, European technology correspondent HELSINKI Thu Jan 28, 2010 9:01am EST Related News Instant View: Nokia Q4 beats forecasts 7:07am EST HELSINKI (Reuters) - Top mobile phone maker Nokia's Technology | Hot Stocks | Media fourth-quarter sales and profits beat expectations as it regained market share in smartphones, sending its stock price 14 percent higher. The strong results cap an otherwise tough year for Nokia and the cellphone industry, which have been hammered as consumers cut spending in the recession. Shares in Nokia were 14.75 percent higher at 10.35 euros by 1256 GMT, helping to lift the DJ Stoxx European Technology Index 4.5 percent. The shares are back up to the level they were trading at before weak third-quarter results hit by losses in smartphone market share. Nokia's underlying fourth-quarter earnings per share fell slightly from a year ago to 0.25 euros, but still beat all expectations in a Reuters poll, which ranged from 0.15 to 0.24 euros. "Unbelievably strong report in every aspect," said analyst Per Lindtorp from Erik Penser in Stockholm. Nokia repeated its forecast for the handset market to grow 10 percent in 2010 from a year ago. "This quarter gives us good momentum to build for in 2010," Nokia Chief Financial Officer Timo Ihamuotila told Reuters TV, but he said there was still reason for cautiousness. "Regarding (the) economy we are not out of the woods yet... consumer confidence is still fragile," he said. The result marked an end to a steady stream of market share losses for Nokia's smartphones, with the firm saying its share rose to 40 percent in the last quarter from 35 percent in the third quarter of 2009 as it launched new models. Nokia had been hurt in recent quarters by a dated portfolio of smartphones, with Apple's iPhone and Blackberry-maker Research in Motion both eating into its share of this fatter margin business. "Nokia's smartphone performance saw a reassuring improvement despite a strong quarter for RIM and Apple," said Geoff Blaber from British consultancy CCS Insight. Nokia said revenues from smartphones jumped 26 percent from the previous quarter to 3.9 billion euros. Average smartphone prices dipped to 186 euros from 190 euros in the third quarter as the firm tries to win back customers with simpler, cheaper smartphones. Nokia proposed a dividend of 0.40 euros per share, beating the average expectation of 0.31 euros in the poll, but within the range of estimates. (Reporting by Tarmo Virki, Brett Young, Eva Lamppu, Terhi Kinnunen and Helena Soderpalm; editing by Elaine Hardcastle) Technology Hot Stocks Media Add a Comment More from Reuters Bernanke seen winning second term WASHINGTON (Reuters) - Federal Reserve chief Ben Bernanke's nomination for a second term running the world's most powerful central bank faces a decisive day in the Senate on Thursday when his confirmation vote looks set to go ahead. Ford posts first full-year net profit since 2005 Obama takes retooled agenda on road after speech | Video Durable goods orders climb while jobless claims dip P&G, Colgate tops expectations as consumers spend more Toyota safety recall spreads to Europe, China | Video » More Top News Wall St lobs volley at Obama Executives say the president is waging "a populist battle against the banks" and question whether proposals will ever become law. Full Article | Full Coverage Financial regulatory reform falls apart Banks double down on risk Live Coverage: World Economic Forum Davos 2010 Analysis: Is the iPad a Kindle-killer? The tech world is buzzing with the launch of Apple's sleek new iPad. Does this spell the end for Kindle? Full Article Slideshow: Meet the iPad AT&T retains Apple glitz with iPad deal Leftover Apple... Technology © Copyright 2010 Thomson Reuters Editorial Editions: Africa Arabic Argentina Brazil Canada China France Germany India Italy Japan Latin America Mexico Russia Spain United Kingdom United States Reuters Contact Us Advertise With Us Help Journalism Handbook Archive Site Index Video Index Analyst Research Mobile Newsletters RSS Podcasts Widgets Your View Labs Thomson Reuters Copyright Disclaimer Privacy Professional Products Professional Products Support Financial Products About Thomson Reuters Careers Online Products Acquisitions Monthly Buyouts.com Buyouts Europe: Buyouts Conferences: Venture Capital Journal EVCJ International Financing Review International Securitisation Report Project Finance International PEhub.com PE Week Thomson Reuters is the world's largest international multimedia news agency, providing investing news, world news, business news, technology news, headline news, small business news, news alerts, personal finance, stock market, and mutual funds information available on Reuters.com, video, mobile, and interactive television platforms. Thomson Reuters journalists are subject to an Editorial Handbook which requires fair presentation and disclosure of relevant interests. NYSE and AMEX quotes delayed by at least 20 minutes. Nasdaq delayed by at least 15 minutes. For a complete list of exchanges and delays, please click here.

Other News on Thursday, 28 January 2010
Bomber dressed as Iraqi policeman hits police post
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US-TECH Summary
US new home sales slump to nine-month low in December
British lawyer denies Blair pressure over Iraq war
Germany hikes 2010 growth forecast
Apple prepares big bet on tablet computing
Oregon Man Scales Prison Fence; Gets Help He Hadn't Expected
Woman's Claims Of Cancer Terminate In Her Arrest For Fraud
Norwegian firm seeks to charge into US electric car market
American Fatalities In Haiti At 97
Karzai lobbies support ahead of London meeting
Italian court postpones Google verdict on bullying video
Iraq's "Chemical Ali" buried near Saddam
Chimp Attack Victim Seeking Face, Hand Transplant Operation
New Web Site Offers Experts' Tips For COPD Sufferers
S.Korea heightens alert against cyberattacks
Apple defies sceptics to shake up S.Korean phone market
Bullying Law Sparked By Tormented Teen's Suicide
Apple CEO unveils new tablet computer, the iPad
Palin Declines Modeling Offer After Obama Ad Pulled
Venezuela marches continue, Chavez shuffles cabinet |
Killers of Bangladesh independence leader executed |
Clinton to press China FM on Internet issue
Chicago's Oldest Opera Singer Getting Big 105th Birthday Bash
Russian stealth fighter to fly by end-Jan: source |
U.S. technology distributors on track to recovery
China to take time to cut Internet censorship: web founder
Michael Douglas' son pleads guilty in NY
More states require 'green' cleaning products
Runners, baring your soles makes you well-heeled
Dino tail feathers were carrot colored, study says
NKorea fires artillery rounds, raising tension
Obama to announce high-speed rail plan post-speech
N.Korea fires 80 shells despite warning shots: Seoul
Bangladesh executes ex-president's killers
Ex-suspect in Mass. highway slayings found dead
Witness: Rights of gays 2nd to preserving marriage
Cambodian opposition leader jailed in absentia
Geithner defends Fed actions on AIG bailout
Falungong decries HK as democracy row deepens
China looks to revive 'beautiful game'
Arms treaty with US could be ready in weeks-Russia
EPA to visit Calif town with birth defect cluster
Indonesia plans 'green' growth fund
Myanmar arrests 11 accused of plotting bombings
Cambodia won't send troops to Afghanistan, Iraq
Police: 11 militants killed in NATO-Afghan strike
Chinese central banker warns of new Asian crisis
Oregon Man Scales Prison Fence; Gets Help He Hadn't Expected
Chimp Attack Victim Seeking Face, Hand Transplant Operation
China tells banks to ensure 'steady' lending growth: govt
Chicago's Oldest Opera Singer Getting Big 105th Birthday Bash
China sets up national energy commission
China Town Renames Mountain After Movie 'Avatar'
NZ Q4 investor confidence hits record high
Mars Rover In Sand Trap, Becomes Stationary Lab
French president backs Obama in battle over bankers
Toyota US sales halt deals blow to image, earnings
Damaged Picasso Painting To Be Repaired
Beekeeper Who 'Died' Found To Have Pulse While In Coffin
Pakistan ups FY09/10 GDP growth fcast to 3.4 pct
Facebook Page Prompts School Officials To Suspend Student, Issue Detention To Others
Man Carrying Matches To Clean His Ears Grounds Plane
Bankers hit out against regulation at Davos
Bollywood Actor Gets Moon Crater Named After Him
China: Theaters must meet domestic movie quota
'Hope for Haiti Now' is No. 1 on Billboard chart
'Heroes' actor Adrian Pasdar booked for DUI in LA
Countries increasingly tackling music piracy head-on
Mel Gibson shakes off boredom, returns to acting |
US philanthropist donates major art works to Cuba
Susan Boyle gives thumbs-up after intruder scare
Luck or divine intervention? Haitian voodoo heritage intact
Experts to assess damage in Haiti museums
Rio's Christ statue gets facelift
Yes we (beer) can: US abuzz with State of the Union drinking game
EU greenlights Spanish movie-making state aid
'Dogs of war' saving lives in Afghanistan
Verdict due in trial of former French PM Villepin
Iran faces consequences over nuclear program: Obama |
Fed holds steady, sees low rates for 'extended period'
West backs Yemen in extremism fight at London meeting
Pressure mounts for Afghan solution at London meet
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Clive Owen Film "The Boys Are Back" Released On DVD
AT&T retains Apple glitz with iPad deal
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North Korea fires artillery again toward South |
Crashed jet's flight recorders located off Lebanon
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Swedish diplomat named top UN envoy to Afghanistan
Haiti pleads for better aid effort, survivor found |
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Human rights group: Hamas targeted civilians
Justin Timberlake Haiti Relief Single Hits #1 On iTunes
Radiohead Raises Over Half A Million At Haiti Benefit Show
Iran's leader predicts Israel's destruction
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Apple CEO unveils new tablet computer, the iPad
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Crashed jet's flight recorders located off Lebanon |
Justice looks askance as Obama criticizes court
China sets up energy agency headed by PM
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Apple pitches $499 iPad, takes on Amazon |
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Obama Stresses Economic Recovery in State of the Union Speech
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Obama Encourages Economic Recovery in State of the Union Speech
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Nintendo Q3 profit down 23 pct |
Japanese pleads guilty to killing seven in knifing spree
President Obama Addresses Nation; Discusses Healthcare, Energy, Cimate Bills
AT&T retains Apple glitz with iPad deal |
Canada investigates Facebook again over privacy |
Poll: Californians say state is on wrong course
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Obama tries to salvage health care bill
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NKorea says American man detained at China border
NAACP applauds Obama's call for jobs bill
Microsoft aided by Windows, awaits business revival |
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Philippine GDP grows at slowest pace in 11 years
PAKISTAN
S.Korea's SK Telecom reports fall in Q4 net profit
Obama pledges to double US exports
Toyota expands massive recall by million vehicles
NZ household borrowing up in December
Seoul shares rise, briefly shaken by N.Korea news
S.Korea big firms Feb sentiment hits 7-½ yr high
Joan Rivers promotes 'A Piece of Work' at Sundance
Taiwan dlr up on stocks, exporters and weak euro
George Lucas away with the fairies in new musical
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Apple's Jobs unveils new tablet computer, the iPad
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Jay Leno brushes off digs from Conan O'Brien |
Quincy Jones wants 'We Are the World' Haiti redo
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Author Louis Auchincloss dies at age 92
Hope for Haiti album shakes up pop chart |
'Poltergeist' actress Zelda Rubinstein dies at 76
George Lucas away with the fairies in new musical |
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Zac Efron to star in spy thriller |
J.Lo gets guest spot on TV comedy How I Met Your Mother |
Rocker Joe Walsh takes on namesake politician
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Michael Douglas' son pleads guilty to drug dealing |
Heroes actor Adrian Pasdar arrested in LA |
Blige, Bocelli to sing for Haiti at Grammys |
Karzai government invites Taliban to peace meeting |
Nintendo Q3 profit down 23 pct
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N.Korea fires artillery again, detains American
Painful Wii price cut keeps Nintendo in the game |
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AT&T earnings up 26 percent, driven by wireless |
Philippines fears higher food prices
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Obama urges repeal of ban on open gays in military
Startpage launches anonymous Web search service |
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NKorea says American man detained at China border
Nokia beats forecasts, shares rally |
Toyota's safety recall goes global
Pakistani stocks down; rupee weakens; o/n rates up
Japan's NEC posts smaller loss last quarter
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US-ENTERTAINMENT Summary
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