[Nokia's U.S. market share has slipped from 35% in 2002 to a recent 7% and things continue to look bleek for the world's biggest mobile phone maker as it has no serious iPhone competitor in its portfolio.]

By Kevin J. O'Brien, New York (NYT) -- "Nokia, the Finnish company that is the world’s biggest maker of mobile phones, is an undisputed powerhouse in Europe, Asia and Latin America, with market shares regularly topping 30 percent."

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