Click to Skip Ad
Closing in...
  1. 4K Camera Drone Amazon
    13:37 Deals

    This pro-grade 4K camera drone is $430 at Amazon, and it beats $800+ rivals

  2. Smart Lock Amazon
    10:32 Deals

    eufy’s Smart Lock Touch is stunning, and it has one feature you can’t get with…

  3. Disney Plus Free
    14:51 Deals

    Hidden Amazon deal gets you 6 months of Disney+ for free

  4. Fire TV Stick 4K Price
    11:46 Deals

    Surprise sale slashes 20% off Amazon’s Fire TV Stick 4K

  5. Instant Pot Accessories Amazon
    08:41 Deals

    This $27 Instant Pot accessory kit on Amazon will take your Instant Pot to the next level




Nokia narrows Q2 loss; Lumia sales reach record 7.4M, but U.S. sales slide 17%

Zach Epstein
July 18th, 2013 at 6:50 AM
Nokia Earnings Q2 2013

Nokia on Thursday posted earnings results for the second quarter of 2013. The company narrowed its loss to €115 million, or approximately $151 million, which is a dramatic improvement from the €824 million loss the vendor posted in the same quarter last year. But Nokia’s Q2 revenue fell to €5.7 billion, or $7.4 billion, down substantially from the €7.5 billion in sales posted in Q2 2012. Where Lumia smartphone sales are concerned, Nokia sold a record 7.4 million handsets into channels during the second quarter. North American Lumia sales fell 17% from 600,000 units in Q2 2012 to 500,000 units in Q2 2013, however, despite the launch of Nokia’s first flagship Windows Phone 8 device for Verizon Wireless. Nokia’s total handset shipment volume fell 27% on-year from 83.7 million handsets in Q2 2012 to 61.1 million last quarter.

Zach Epstein

Zach Epstein has worked in and around ICT for more than 15 years, first in marketing and business development with two private telcos, then as a writer and editor covering business news, consumer electronics and telecommunications. Zach’s work has been quoted by countless top news publications in the US and around the world. He was also recently named one of the world's top-10 “power mobile influencers” by Forbes, as well as one of Inc. Magazine's top-30 Internet of Things experts.




Popular News