Nokia Corp. reported its smartphone numbers for the fourth quarter of 2012, stating that the results were beyond the company’s wildest dreams. The better-than-expected results were partly driven by the Nokia Corp.’s partnership with Microsoft Corp. The smartphone business is expected to get Nokia Corp. back on track, according to preliminary Q4 financial results announced by the Finnish company.
Speculations are rising in the market that Nokia will report yet another quarterly loss and diminishing cash reserves prior to Nokia’s upcoming smartphone launches next month. Nokia is struggling hard to regain grounds that it has lost to its arch rivals in the smartphone sector Samsung Electronics Co. and Apple Inc.
In a bid to up Nokia’s sales again, the Finnish company has decided to team up with the new version of Windows, Windows 8 and has planned to launch a smartphone. This news comes as no surprise to the various sources spread across the country. Since Nokia has been hitting an all-time low in business for some time now and seeing that their competition are getting famous and ahead of them. This might have in a way triggered off the want to up the business again.