Linked by Thom Holwerda on Thu 19th Jul 2012 18:32 UTC
PDAs, Cellphones, Wireless Nokia just posted its quarterly results - including shipped devices - and it's not looking good. Massive losses, sales dropping, and no growth in Lumia sales in the US. The company is losing money hand-over-fist, and with Windows Phone 8 still months away, the company warns the next quarter will be just as bad.
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Personally, I think Nokia is a goner and that Windows 8 will not save it.

As I pointed out earlier in this thread, Nokia sold 125M smartphones (and of those 4M were Lumias). Nokia doesn't need to be #1 to be a viable competitor in the smartphone market. What they need to do is scale their costs down to meet their market share; then, they'll see positive growth in revenue.

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