**As published at RCR Wireless News**

Nokia Corp. continues to buckle under the increasing might and will of its competitors in the smartphone space.

In a note to investors , the company downgraded the financial outlook for its devices and services division for the second (current) quarter and full year of 2010. The company said “multiple factors are negatively impacting Nokia’s business to a greater extent than previously expected.” While that may be true, it would be difficult to conclude that most of these “factors” have come as a surprise to the world’s largest manufacturer of cellphones. Read the full story

**As published in RCR Wireless News**

SAN FRANCISCO – Although millions of fanboys and industry watchers have already seen what turned out to be the new iPhone 4 today, Apple Inc. CEO Steve Jobs still had a few surprises up his sleeve to share during his keynote at the company’s annual developer gathering.

If there is any less excitement or anticipation for Apple’s game-changing mobile device, that sure wasn’t apparent this morning. Lines began forming around the building at 6 a.m. this morning and when the gates to the main hall were finally raised for Jobs’ keynote there was a mad dash for seats (press included). The whole experience felt very rock concert in typical Apple fashion. Read the full story