Nokia’s Q2 2012 financials announced: 4 million Lumias sold, $1.01 billion dollar loss


nokiahq Nokias Q2 2012 financials announced: 4 million Lumias sold, $1.01 billion dollar loss

The past three months haven’t been the best for Finland’s former world number one. Unfortunately, there’s no ray of light to be found in these results, which reveal that the company made an operating loss of $ 1.01 billion dollars for the quarter. The company managed to make €7.5 billion in sales ($ 9.2 billion, down .5 billion since the last quarter), shifting four million Lumia handsets in the process. In fact, with sales of the handset roughly doubling each quarter, the company has some reason to justify its optimism in Windows Phone.

The number of handsets pushed out the door increased, with the company selling 73 million handsets, but the documents reveal that Nokia has failed to crack America, with a paltry 600,000 handsets sold in the States.

Developing…

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