Handset maker Nokia continues to report losses: a net loss of €115 million ($150.7 million) for the quarter ending June 30, 2013. This is however a significant improvement from €824 million ($1.08 billion) loss reported in the same quarter last year. The net sales declined 24% year on year (YoY) to €5.69 billion ($7.47 billion) for the quarter, down from €7.5 billion ($9.85 billion) in the same quarter last year. Asia Pacific region accounted for €1.4 billion ($1.84 billion) sales revenue for the quarter, down 26% from €1.98 billion ($2.6 billion) from Q2 2012. Operating Highlights - Nokia has shipped 7.4 million Lumia smartphones during the quarter, up 32% quarter on quarter (QoQ). The company noted that Windows Phone 8-based Lumia products accounted for a significant majority of its Smart Devices volumes. - Nokia has shipped 4.3 million Asha full touch smartphones during the quarter, down 14% QoQ. - Nokia announced and started shipping Nokia Asha 501, the first device to run on the new Asha platform. It also started shipping Nokia 105, Nokia's most affordable phone in its portfolio. - Nokia started shipping Windows Phone 8-based Nokia Lumia 520 and Nokia Lumia 720 in significant volume. - Nokia announced Nokia Lumia 925, a high end Lumia smartphone with Pureview imaging technology and started shipping the device in select markets. It also announced Windows Phone-based Nokia Lumia 928 smartphone on Verizon Wireless. - Nokia has partnered with WhatsApp to launch Nokia Asha 2010 with a dedicated WhatsApp button and a free lifetime WhatsApp subscription. It has also inked a tie-up with Hike to preload…
