Investors sent Nokia shares sliding on Thursday after the vendor posted less-than-stellar results for the second quarter this year. Nokia narrowed its loss substantially in the second quarter to -$151 million, but handset sales plummeted 27% to 61.1 million units and average selling prices fell off a cliff. But amid all the gloom, Nokia’s global Lumia shipments climbed to a record 7.4 million units on the back of the Lumia 520, and an important milestone was achieved: Lumia shipments in the second quarter outnumbered BlackBerry smartphone shipments in BlackBerry’s most recent fiscal quarter, which totaled just 6.8 million units. The bloody battle for No.3 is far from over but as bad as things have been for Nokia, they’re looking even worse for BlackBerry right now.
Good news amid the gloom: Lumia sales now outnumber BlackBerry sales
Published Jul 18th, 2013 9:30AM EDT
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Zach Epstein has been the Executive Editor at BGR for more than 10 years. He manages BGR’s editorial team and ensures that best practices are adhered to. He also oversees the Ecommerce team and directs the daily flow of all content. Zach first joined BGR in 2007 as a Staff Writer covering business, technology, and entertainment.
His work has been quoted by countless top news organizations, and he was recently named one of the world's top 10 “power mobile influencers” by Forbes. Prior to BGR, Zach worked as an executive in marketing and business development with two private telcos.
