Saturday, July 21, 2012

Find: Nokia Q2 results reveal $1 billion operating loss, 4 million Lumia handsets sold

Not good. Hopefully this is the nadir. Is their product different enough to pull them out?

Nokia Q2 results reveal $1 billion operating loss, 4 million Lumia handsets sold, and a lack of US penetration

Nokia Q2 2012

Nokia announced its Q2 2012 financial results today, reporting a loss of 826 million euro for the period. One thing that is clear from today's results is that, try as it might, the majority of Lumia sales are still outside the US — an important market that Nokia needs to succeed in.

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