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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Member since:

Besides (for smart devices) Nokia is a Windows only company now, no way back. They've chopped of everything they could in engineering already. The focus on "most important markets" means, they are now cutting sales organization.

Edited 2012-07-20 06:56 UTC

Reply Parent Score: 2

cdude Member since:

The cut could mean the abort all markets that refused Lumia like China or where Lumia sold most worse like Russia. Those are the markets Symbian was and still is rather strong. Those are the most relevant markets. Elop is going to cut more Nokia market share to push Microsoft Lumia. T minus 4 months till Q3.

Edited 2012-07-22 06:04 UTC

Reply Parent Score: 1