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Nokia share jumps highest since 2008 on Lumia Q2 2012 sales beating Analysts’ expectations.

In a real good news for Nokia share owners, post Q2 2012 results declaration, Nokia shares  jumped the most in 4 1/2 years. It happened after sales of its Lumia smartphones exceeded analysts’estimates in Q2 2012. Nokia rose 12 percent to close at 1.54 euros in Helsinki, the biggest jump since January 2008. The stock had slid 64 percent this year through yesterday to the lowest level since 1994.

As reported by Nokia today, Sales of the Lumia phone increased to 4 million units in the second quarter from more than 2 million in the previous period. This signals investors confidence increasing in favour of  Lumia strategy and augurs well for the future.

Via

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Nayan

Nayan has more than 10 years of experience of covering Technology and innovations. He is a big Nokia fan and Tech disruptions aficionado. He loves to review new cool gadgets and writing about Android, iOS, Gadgets and general Technology stuff. He has been associated with other well-known Tech sites WinCentral and GadgetOx since long.

He currently sports a Lumia 950 XL and Nexus 5X. Other interests include listening to Nu-Metal Hits and Kick-Boxing.
Write to him at Email: [email protected]

http://www.nokiapoweruser.com
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