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Last Nokia phones sell sluggishly as loss widens

29
Apr
2014

Nokia said on Tuesday its phone sales fell 30 percent in the last quarter they belonged to the previous world-market leader and the units loss widened. Nokias discontinued operations – the phone unit – posted a drop in first-quarter sales to 1.9 billion euros ($2.6 billion)from 2.8 billion in the same quarter a year earlier. Microsoft bought Nokias phone unit for 5.6 billion euros in a deal that closed on Friday.

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