Nokia Posts Larger Loss In Q2

Posted: Jul 19 2012, 6:08am CDT | by , in News | Mobile Phones

Nokia posts larger Loss in Q2

Nokia has still not stabilized according to their Q2 2012 Earnings.

Nokia just published their Q2 2012 Earning numbers. The loss increased to 826m Euro compared to 487m in the year ago quarter. Nokia has shipped 4 million smartphones, but that is too less to bring back Nokia.

Nokia says in the earning announcement that Windows Phone 8 will be an important catalyst for the Lumia smartphones. If Microsoft is failing with Windows Phone 8 to catch up to Apple and Google, Nokia is doomed.

More numbers in this Nokia report.

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<a href="/latest_stories/all/all/2" rel="author">Luigi Lugmayr</a>
Manfred "Luigi" Lugmayr () is the founding Chief Editor of I4U News and brings over 25 years experience in the technology field to the ever evolving and exciting world of gadgets, tech and online shopping. He started I4U News back in 2000 and evolved it into vibrant technology news and tech and toy shopping hub.
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