Nokia has posted its financial results for the second quarter of 2011, revealing an enormous net loss of £323 million.
Nokia has revealed its financial results for the last quarter of 2010, and it's not looking too rosy for the Finnish phone manufacturer.
Microsoft has announced record financial results, with Steve Ballmer announcing $16.20 billion in revenue for the first quarter of its 2011 fiscal year, with $5.41 billion in profit.
Nokia's year on year financial results for Q2 haven't been kind to the Finnish manufacturer, with a 62 per cent drop in operating profit.
Apple today announced financial results for its 2009 second quarter, posting revenues of $8.16 billion and a net quarterly profit of $1.21 billion - up from $1.05 billion at the same time last year.
Sony Ericsson has unsurprisingly posted some grim financial results for Q1 2009 and has decided to shed more staff as a result.
Nokia's Q1 financial results make for some pretty grim reading, after it was announced the company has made losses in nearly every area, as well as seeing a real decline in handset sales.
Apple posted huge profits and one of its best quarters ever, while Yahoo limped on, confirming job cuts
UK mobile operator Vodafone has dropped 27,000 users in the last three months, apparently due to the slowing economy.