Mobile giant Nokia’s dire warning today–its fourth-quarter sales will be below expectations, and it sees the overall industry contracting in 2009–didn’t just scare investors in mobile/wireless stocks. It also discouraged beaten-down executives in the music industry, who have been hoping that the mobile business will help them crawl out of a very deep hole.
Peter Kafka has been covering media and technology since 1997, when he joined the staff of Forbes magazine. Most recently, he has been the managing editor of the tech and media Web site, Silicon Alley Insider. Read more »
Here is a statement of my ethics and coverage policies. It is more than most of you want to know, but, in the age of suspicion of the media, I am laying it all out.
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