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.
Permalink for comment 527458
To read all comments associated with this story, please click here.
lucas_maximus
Member since:
2009-08-18

Excluding the adjustment for the asset write-down, and the holding back of some income related to the launch of its Windows 8 system, Microsoft profits beat those expected by investors.

Shares were up 1.6% after the results were announced.


It ultimately depends how you calculate profit. It is not simply money made - money lost.

Reply Parent Score: 3