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Nokia Says Preorders for N8 Are Strongest Ever Seen

Nokia Oyj, trying to claw back ground lost to Apple Inc.’s iPhone, said its new N8 smartphone got the most preorders the company has had for a product.

Nokia has taken “knocks” in past years and the N8 and other new smartphones showcased today will help to win back market share, Anssi Vanjoki, the company’s outgoing smartphones chief, said at the Nokia World summit in London. Nokia shares dropped 3.2 percent in Helsinki trading as analysts doubt whether the new handsets will be a match for the iPhone and handsets based on Google Inc.’s Android operating system.