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Nokia sales disappoint as Microsoft readies phone group takeover

2014-01-24 00:22:58| InfoWorld: Top News

Nokia's improving Lumia shipments came to a halt during the fourth quarter, bad news for Microsoft, which will soon take over the phone unit. The Finnish company reported fourth-quarter sales of 3.48 billion ($4.75 billion), down 21 percent year-on-year, and a net loss of 615 million, down from 3.1 billion a year earlier.

Tags: group phone sales microsoft

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