Nokia, the world's largest cellphone maker by volume, is expected to remain barely in the black in the fourth quarter, with its new Windows Phone models yet to compensate for diving sales of its legacy smartphones.

Nokia is expected to report fourth-quarter earnings per share falling 82 per cent from a year ago to 0.04 euros and to forecast a weak start to 2012, when it releases results at around 1100 GMT.

Nokia unveiled a high-profile strategy shift to Microsoft software on its smartphones last February in a bid to rival to Apple and Google's Android.

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