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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.
Via BRG - Boy Genius Report
