Nokia Suffers $1.7B Q1 Loss — Lumia Phones Haven’t Yet Paid Off

Nokia published its Q1 2012 financial results on Thursday, revealing a 1.76 billion euro loss (about $2.3 billion) and a 52 percent decline in smartphone sales compared to last year -- confirmation that Nokia's investment into its Lumia line and the Windows Phone platform hasn't paid off quite yet.

Source: http://www.wired.com/gadgetlab/2012/04/nokia-suffers-2-3-billion-q1-loss-lumia-phones-havent-yet-paid-off/

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