The phone maker runs into Lumia launch challenges in the U.K., and overall sales so far have not been as strong as hoped.
"If I cannot make money on handsets, I will not be in the handset business," John Chen tells Reuters.
Google Chrome OS-based laptops accounted for 21 percent of all notebook sales through commercial channels, according to NPD Group. That's not good news for Windows PCs.
Operating profit jumps 47 percent over a year ago, but profit from the South Korean electronics giant's mobile division declined 3.5 percent from the previous quarter.
The company's results got a pick-me-up from an after-tax gain stemming from adjustments to its pension and benefit plans.
According to new data from research firm Flurry Analytics, 1.76 billion apps were downloaded during the last week of the year.
A poll of analysts conducted by Reuters reveals that they're concerned Nokia will cut through nearly 2 billion euros of cash in just three quarters, putting strain on its reserves.
The troubled cell phone maker is in advanced talks to sell the luxury phone maker to a private equity group for about $265 million, the Financial Times reports.
Losing money, senior talent, and cash cow Symbian OS was the wrong move, a former Nokia executive tells CNET UK.
Outgoing chairman Jorma Ollila tells the Financial Times the company could bounce back from its current slump with help from a range of new devices.