It seems that smartphone roaring sales are crushing Nokia Chief executive Stephen Elop’s transition plan. The lack of news on the upcoming (?) Nokia-Windows phone and the shift towards hi-end products (i.e. Apple Iphone and Samsung Android-equipped devices) coming from emerging countries have lead in Q2 2011 to a $692 million loss, the second in the history of the Finnish company.
Read more about it in this interesting article on ViewsWire.