Sunday, April 22, 2012
Nokia Suffers $1.7B Q1 Loss ? Lumia Phones Haven?t Yet Paid Off
Nokia published its Q1 2012 financial results on Thursday, revealing a 1.76 billion euro loss (about $2.3 billion) and a 52 percent decline in smartphone sales compared to last year -- confirmation that Nokia's investment into its Lumia line and the Windows Phone platform hasn't paid off quite yet.
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