Nokia Reports $1.74Bn Net Loss For Q2 2012

Fresh from a massive net loss in the first quarter of the year, Nokia has reported that it tallied a net loss of 1.41 billion euros (or about US$1.74 billion) for the second quarter of the year.
This is a four-fold increase in loss for the struggling Finnish handsets maker compared to its loss of 368 million euros for the second quarter of last year.
Back in April, Nokia posted a massive loss of 1.34 billion euros (or about $1.7 billion) as its sales of feature phones and smartphones failed to …