
Nokia announced it’s results for Q2 and the Finnish phone maker is still shipping tons of phones compared to other handset makers. It shipped 111.1 million units , had sales of 10 billion USD.
But the sad news is that operating profit was down 40 % compared to last year mainly due to low margins on devices sold and various other reasons. The ASP or Average selling price of Nokia handsets have also dropped. Nokia needs to roll out Symbian^3 devices and MeeGo devices to win back the profits !
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