Sunday, July 22, 2012

Nokia Doubles Lumia Sales in an Otherwise Bleak Q2

Nokia's good news is that it doubled sales of its Lumia smartphones quarter-to-quarter and has more cash than expected. The bad news: It lost nearly $1.88 billion during the quarter. - Nokia is mid-slog through swampland, gritting its teeth as it trudges toward what it swears is higher ground ahead.
On July 19 the phone maker delivered a second-quarter earnings report nearly as cringe-worthy as expected. While it posted a net loss of approximately $1.88 billion, it also managed ...


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