Nokia's 4Q Plunges 73%, Windows Phone Sales Disappoint

Nokia's 4Q Plunges 73%, Windows Phone Sales Disappoint
http://www.ibtimes.com/articles/287997/20120126/nokia-windows-phones-iphone-fourth-quarter-smartphones.htm

LAUGHING--Nokia goes "all in" with Microsoft Phones and *FAILS MISERABLY*

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By Tarmo Virki
January 26, 2012 7:57 AM EST
(REUTERS) -- Nokia, the world's largest cellphone maker by volume, reported a 73 percent fall in fourth quarter earnings as sales of its new Windows Phones failed to slow the rapid dominance of Apple's iPhone or to compensate for diving sales of its own old smartphones.

Nokia unveiled a high-profile strategy shift to Microsoft software on its smartphones last February in a bid to rival to Apple and Google's Android. But Apple's phones in particular have proved far more popular.


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"Microsoft, Your Grandfather's Software Company"