Nokia reported flat sales for the second quarter, with a 40 percent year-on-year drop in earnings. CEO and President Olli-Pekka Kallasvuo sees several reasons to be optimistic. Sales for the quarter totalled 10 billion (US$12.21 billion) up less than 1 percent on a year earlier. Gartner: “Competitors have made huge improvements in their smartphone portfolios since last year, while Nokia has not” Nokia is backing two software platforms for its future smartphones.”]

