HOPING ON LUMIA: A Nokia executive showing off the Lumia 920 phone with Microsoft's Windows 8 operating system in this Sept 5, 2012 file photo. Nokia is banking on its new, top-of-the-range Lumia 820 and 920 phones to recoup ground lost to Apple and Samsung. - Reuters
HELSINKI: Nokia is expected to report another quarterly loss and dwindling cash reserves, underscoring the importance of next month’s new smartphone launches as it battles to recoup ground lost to Apple and Samsung.
Once the world’s biggest mobile phone maker, Nokia has fallen behind rivals as its partnership with software giant Microsoft has yet to capture consumers’ imagination like Apple’s iPhones or Samsumg’s Galaxy models.
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