July 21, 2011 10:52 am EDT

Nokia Q2 2011: operating profit down 44 percent since Q1, challenges prove 'greater than expected'

With Nokia still yet to fully dive in to the Windows Phone swimming hole, you had to know it was going to be another ugly quarter's worth of results. And it is. The company just posted its Q2 2011 numbers, and there's a definite downward trend that's continuing. Operating profits are down 44 percent since Q1, 391 million Euro compared to 704, and net sales of mobile devices are down 24 percent since Q1.

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Nokia Q2 2011: operating profit down 44 percent since Q1, challenges prove 'greater than expected' originally appeared on Engadget on Thu, 21 Jul 2011 06:52:00 EDT. Please see our terms for use of feeds.

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