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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I can't name the sources but i heard they are heavily withdrawing from any further Symbian developement. 808 is the final Symbian device and Carla and Donna updates in the works have been canned. From now on they are only investing in pushing WP7 down (what's the point given its obsolete status one could ask) to eventually reach S40 price points and get out of dumb phone business.

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