Nokia Loss Widens To $1.27 Billion In Q3

Nokia Corp. said Thursday that its third-quarter net loss widened to (EURO)969 million ($1.27 billion) as revenue plunged 19 percent compared with the same time last year and sales of its flagship Windows Phone fell to under 3 million units. Investors, however, had been expecting an even bigger drop in sales, and sent shares in the company higher.

Topics:  corp    euro)969   windows phone   nokia   loss   billion   sales   million   
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