Nokia's Q3 show phone sales down by a fifth
This can hardly be encouraging news: Nokia's third-quarter financial results show the number of handsets it sold down by 22 percent compared to last year and 1 percent on the quarter before.
The company said Thursday it sold 82.9 million handsets in the quarter, with revenue from phone sales falling by 34 percent compared to Q3 2011.
Nokia's overall revenue also dropped during the quarter, to 7.239 billion euros ($9.48 billion) -- a decrease of 19 percent year on year, and 4 percent quarter on quarter -- compared with $12.2 billion in the third … Read more