Reuters: Technology News: Nokia sells fewer handsets than expected in second-quarter

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Nokia sells fewer handsets than expected in second-quarter Jul 18th 2013, 10:23 Tweet Share this Email Print Related News UPDATE 2-NORDIC STOCKS - Factors to watch on July 18 2:49am EDT Nokia pins recovery hopes on advanced camera smartphone Thu, Jul 11 2013 Nokia to bet on camera upgrade in smartphone push Wed, Jul 10 2013 Samsung Electronics' second quarter misses forecast as smartphone worries deepen Fri, Jul 5 2013 Samsung on track for record second-quarter profit as smartphone peak looms Thu, Jul 4 2013 A woman poses with a Nokia Lumia smartphone in this photo illustration in the central Bosnian town of Zenica, May 6, 2013. Credit: Reuters/Dado Ruvic HELSINKI | Thu Jul 18, 2013 6:23am EDT HELSINKI (Reuters) - Nokia sold fewer handset than expected in the second quarter, showing it is still far from regaining market share it has lost to rivals Samsung and Apple. Nokia said it shipped 7.4 million Lumia smartphones in the quarter, up 32 percent from the first quarter but fewer than the 8.1 million units analysts had anticipated in a Reuters poll. Sales of regular mobile phones were also weaker than expected at 53.7 million units compared to the market's expectation for 56.2 million. Its cash reserves were roughly in line with market expectations at 4.1 billion euros. (Reporting by Ritsuko Ando; editing by Philippa Fletcher) Tweet this Link this Share this Digg this Email Reprints We welcome comments that advance the story through relevant opinion, anecdotes, links and data. If you see a comment that you believe is irrelevant or inappropriate, you can flag it to our editors by using the report abuse links. Views expressed in the comments do not represent those of Reuters. For more information on our comment policy, see http://blogs.reuters.com/fulldisclosure/2010/09/27/toward-a-more-thoughtful-conversation-on-stories/ Comments (0) Be the first to comment on reuters.com. Add yours using the box above.

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