Wednesday, December 07, 2016
 
 
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Microsoft-bound Nokia Business Sees Sales Slide

By DMO Affiliate
The Nokia handsets business that Microsoft is due to take over saw sales continue to slide in the fourth quarter as its Lumia smartphones failed to draw business away from larger competitors like Apple and Samsung. The devices and services unit, which will be transferred to Microsoft Corp., saw sales fall to 2.6 billion euros from 3.7 billion euros a year earlier. The unit recorded an operating loss of 198 million euros compared with a profit of 97 million a year earlier.
Microsoft-bound Nokia Business Sees Sales Slide




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