Wed Jul 20, 2011 7:01pm EDT
* Reports Q2 earnings 1000 GMT
* Seen falling into red, outlook in focus * One-off gains, writedowns could cloud real earnings * Apple, Sony Ericsson saw strong Q2 smartphone market * Nokia's 15-year reign in smartphones nears end
By Tarmo Virki, European Technology Correspondent HELSINKI, July 21 (Reuters) - Investors braced for more
bleak news from smartphone laggard Nokia Oyj on
Thursday with the world's largest handset maker likely to post a
second-quarter loss and a weak outlook. Nokia is due to report second
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