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Q2 12 Nokia Lumia Shipments Up as Feature Phones Stabilize
Nokia shipped 84 million handsets worldwide in Q2 2012, down -5% annually. Symbian volumes continued to plummet and this was the main cause of the company’s shrinkage. However, during the quarter the Lumia portfolio expanded globally, doubling shipments sequentially. In addition, Nokia’s feature phone volumes increased and the company has recaptured several points of marketshare from Asian rivals over the past year.