Nokia smartphone sales down 39 per cent

Nokia has just posted its Q3 sales results and things aren't looking too great for the company. The bottom line is that Nokia has managed a $94 million net loss in its third quarter with a worrying 39 per cent drop in smartphone sales.
CEO Stephen Elop has responded to the worrying financial results stating:
"I am encouraged by our progress around the first Nokia experience with Windows Phone, and we look forward to bringing the experience to consumers in select countries later this quarter. We then intend to systematically increase the number of countries and launch partners during the course of 2012."
Looks like all eyes within Nokia are now on Windows Phone to turn the company's fate aro... »read more

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