Nokia Loses Over $3 Billion In 2012, Despite Q4 Profits

IPG Media Lab
IPG Media Lab
Published in
1 min readJan 24, 2013

Nokia has struggled of late, releasing some figures from todays press conference that indicate annual losses greater than $3 billion. Despite the struggles, the Finish tech company appears to have righted the ship, earning $585 million in Q4. A few key moves include no longer supporting Symbian phones and cutting 1/4 of their staff.

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IPG Media Lab
IPG Media Lab

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