Nokia has posted (pdf) another disappointing quarterly result. For the first quarter of 2012, it has reported an operating loss of €1.3b, with a net loss of €590m. Nokia had originally hoped to turn a small profit for the period, but a massive dive in smartphone sales put an end to that more optimistic outlook. Instead, the company only sold 11.9 smartphones for the quarter against the 24.9 million it did during the same period last year.
