Change is never easy. Just ask Nokia, which today posted its third consecutive quarter of hefty losses, despite strong sales of its new Windows Phone portfolio.
In the fourth quarter, the Finnish handset maker said it lost 1.07 billion euros, or $1.4 billion. During the same period a year ago, the company posted a 745 euro profit.
Overall handset sales dropped by 29 percent compared with a year ago. The company sold 19.6 million smartphones during the quarter and 93.9 million feature phones. In total, it sold 113.5 million devices, which is down from 123.… Read more