Microsoft’s beleaguered Nokia CEO Elop feeling heat from iPhone 5 launch

In today’s “Movers & Shakers,” Bloomberg‘s Betty Liu reports that Nokia CEO Stephen Elop is feeling the heat from the iPhone 5 launch as his company’s stock fell the most in a week in Helsinki trading after Apple announced the product.

Nokia is in alliance with Microsoft on a new line of handsets, but there is no clear release date for the phone in the United States.

Liu speaks on Bloomberg Television’s “In The Loop.”

Direct link to video here.

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