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The Nasdaq composite, an index with a major technology focus, is down 11.4percentthis yearar.
The company's new forecasts coincided with a major technology trade fair in Hanover, Germany, where Nokia introduced the phone models.
And its latest results are the first from a major technology company to include the full month of January.
"But we have not had a major technology bellwether preannounce an earnings shortfall, and that has allowed the Nasdaq to resume its leadership role.
Rumors had him starting a private equity firm, joining a venture capital fund and, at one point, even joining a major technology company.
In India, for example, I.B.M. is a major technology supplier to the three largest telecom companies, who together are signing up 55,000 new cellphone customers every day.
In this era, for the stock of a major technology company to merely double its price of four years ago amounts to an investing bust.
Loudcloud is also expected to receive an endorsement this week of its software strategy from a major technology company, an industry executive close to Loudcloud said.
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He switched to a new major: technology of music.
Additionally, a continuing major technology gap exists in the 'massive' energy storage sector, which the paper highlights.
FedEx will get a lift from major technology product introductions, like the recently announced iPhone 5, but not enough to make up for the slowdown elsewhere.
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