Ericsson warns of downbeat forecast

Ericsson warned Wall Street that it expects to just hit the lower end of its performance forecast. The company said it had expected sales for the quarter to be between $8.38 billion and $9.49 billion. Last year the company reported Q4 sales of about $8.5 billion. The warning caused Ericsson's shares to decline in early morning trading.

For more on the forecast:
- read this article from the WSJ (sub. req.)