Nokia is going to announce their Q1 2012 financial results on April 19th, today though they issued a press release that gives investors and analysts a hint of what sort of numbers they should be expecting. Here are the important figures: 83 million mobile phones were sold during the quarter, of which 71 million were feature phones and 12 million were smartphones. Of those 12 million smartphones, 2 million of them were Windows Phones. Just yesterday we predicted Nokia would sell 2.2 million Windows Phones, so we’re proud to say we were ridiculously close. As for profits … there simply aren’t any. Nokia says their operating margin in Q1 was negative 3%. The bad news doesn’t stop there, the Fin... »read more

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