Nokia reports net loss of €91m as sales drop

GMT 12:40 2013 Tuesday ,29 October

Arab Today, arab today Nokia reports net loss of €91m as sales drop

Arab Today

Finnish mobile phone manufacturer Nokia said on Tuesday it sharply reduced its net loss in the third quarter to 91 million euros ($125 million) but sales continued to spiral downwards. While losses during the quarter were less than one tenth of what they had been a year earlier, turnover during the three-month period dropped 22 percent to 5.6 billion euros.

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