Nokia down again - Republic

Finnish company struggles with a further decline in sales. Nokia Lumia smartphones have not helped in breaking the deadlock.

Nokia again Do?uje – show announced on Thursday quarterly earnings Finnish mobile phone manufacturer. The reason is weaker than expected demand for Microsoft’s operating system – Windows Phone.

Nokia with Microsoft entered into a marriage in 2011, when it decided to bet on smartphones equipped with Windows Phone, while claiming to work on their own systems, Symbian and MeeGo. Equipped with a Microsoft system Nokia Lumia smartphones have become a dark horse in the race of Nokia’s competitors. Windows platform but with difficulty gaining mobile market – in the first quarter of 2013 was only 3.2 percent. participate in it.

As a

result, Nokia, although it is the largest producer of smartphones running Windows, in the second quarter of this year, sold only 7.4 million Lumii. Forecasts talked about the sale of 8.1 million units. Ordinary mobile phones, which the Finnish manufacturer distributed 53.7 million are not profitable business, it is not surprising that Nokia’s revenue in the second quarter fell by more than 20 percent. to 5.7 billion, year on year. And decreased loss the company incurred: from 824 million years ago to 115 million euros.

Nokia’s announcement of the results rate fell by 2.8 percent.

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