Stephen Elop

Nokia Reports $754 Million Operating Loss for Q3 2012, With Just 2.9 Million Lumias Sold

Nokia Reports $754 Million Operating Loss for Q3 2012, With Just 2.9 Million Lumias Sold

Killian Bell

Nokia announced its financial results for the third quarter of 2012 on Thursday morning, and they don't make for pleasant reading. The Finnish firm revealed a $754 million (€576 million) operating loss on $9.49 billion (€7.239 billion) in net sales, with just 2.9 million Lumia devices sold during the three-month period. That's a 27.5% decrease in sales over the last quarter, when 4...