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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Will Windows 8 change things?
by nej_simon on Fri 20th Jul 2012 09:36 UTC
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Nokia still has cash on the bank and they are burning it to keep running, waiting for Windows 8 to be released. The current line of lumia phones wont be able to save Nokia due to dissapointing sales.

Their only hope now is for the next generation of Windows 8 based lumias to change things. But this is a risky gamble because Windows 8 hasn't exaclty recieved great reviews. And if it becomes impopular quickly after its' launch, similar to Vista, chnances are that this will spill over on WP8 phone sales.

I still hope they'll fire Elop and withdraw from the Microsoft deal. Perhaps they can even buy Jolla to get the competence back to develop and maintain their own OS. They can still have a line of Windows 8 based lumias but they really should have an alternative if they don't sell!

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