Nokia Q2 2012 results released – Nokia’s stock trading at +17%

Posted on Jul 19 2012 - 12:34pm by Jonne Eilimö
Nokia Connecting People logo

Nokia Connecting People logo

Nokia today released its Q2 2012 results, reporting an operating loss of 826 million EUR, with net sales of 9.275 billion EUR (down 19-percent YoY). Total smartphones devices sales were 10.2 million, of which 4 million Lumias. The total smartphone number is down 39-percent YoY, and 14-down QoQ.

The bright side is that Nokia’s Lumia series managed to grab a share of nearly 40-percent of Nokia’s smartphone sales. Nokia’s stock in the Helsinki Stock Exchange is at the time of writing this post up nearly 17-percent, and trading at a price of 1.6 EUR a share.



Like this post? Like us on Facebook to see when a new post is published.

About the Author

Jonne is a mobile phone enthusiast who is currently pursuing his Bachelor's degree in Computer Science at the Vaasa University of Applied Sciences. He has been using the newest phones out there ever since the Nokia 5110 was released. Currently he is using a Nokia Lumia 920.