. Nokia on Thursday reported earnings for the fourth quarter of 2011, revealing its third straight quarterly loss. The company saw revenue slide 21% year-over-year to €10 billion, and profit dropped from €884 million in the fourth quarter 2010 to a €954 million operating loss last quarter. Smartphone revenue dipped 38% compared to the same quarter in 2010 to €2.75 billion, and mobile phone sales were off 23% to €3.04 billion. Nokia shipped 113.5 million feature phones, down 8%, and 19.6 million smartphones, down 31% from the same quarter a year earlier.
Boy Genius Report, Nokia reports huge €1 billion Q4 loss, says over 1 million Lumia phones sold
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