Finnish mobile giant Nokia today released its fourth quarter financial results, posting a €1.07 billion ($1.4 billion) loss as sales declined by 21% year on year with smartphone sales and mobile sales down 31% and 1% respectively. Whilst it shows Nokia still has a lot of work to do, it sold 19.6 million smartphones and 93.9 million mobile devices, meaning that over the quarter, sales were up 17% and 5% respectively on the last quarter.
Matt Brian, Microsoft Paid Nokia $250m for Windows Phone Use via TNW

(via thenextweb)

Source: thenextweb.com

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    Time for an “Oh, shit!” moment, methinks.
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