Cellphone Sales Declining; Most Manufacturers Will Survive, But Not All

Cellphone makers are heading straight into a cold, dry winter as sales are expected to drop to their lowest point since the beginning of the decade, WSJ reports. Nokia (NYSE: NOK), Qualcomm (NSDQ: QCOM) and Vodafone (NYSE: VOD) have all come clean and warned that the outlook looks grim for the remainder of the year and admit there