Nokia warns 3Q market share will fall; shares dive (AP)

In July the company, the world's top cell phone maker , had predicted that its market share would about the same in the two quarters — about 40 percent.

Software to post entry to multiple blogs.

Nokia said it was losing share because of its "tactical decision" not to match the aggressive price cuts of some of its competitors, seeking instead to be "sustainably profitable in the longer term." It also cited tough competition in emerging markets and a slow "ramp-up of a mid-range Nokia device." Nokia's U.S. shares were down $2.24 at $20.07 in morning trading. Nokia was upbeat about the rest of 2008, saying it still aimed to increase its market share for the year.

Full Story: Nokia warns 3Q market share will fall; shares dive (AP)