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Submitted by AgentWhite 309d ago | news

Nokia posts $1 billion operating loss for Q2 2012, net cash up $125 million

The Verge : Nokia has just posted its Q2 2012 financial report, revealing a total operating loss of €826 million (around $1 billion). The loss was offset by large licensing royalties and a regular quarterly cheque from Microsoft, resulting in a net cash rise of €102 million (around $125 million). (Nokia, Services)

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