- Associated Press - Thursday, October 18, 2012

HELSINKI (AP) - Nokia Corp. has reported a third-quarter net loss of (EURO)969 million ($1.27 billion) as revenue plunged 19 percent and sales of its flagship Windows Phone fell under 3 million units.

The struggling company said that revenue dropped to (EURO)7.2 billion ($9.45 billion) and gave a grim outlook for the rest of the year.

A year ago Nokia reported a third-quarter net loss of (EURO)68 million on revenues of (EURO)8.9 billion.

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