Nokia reported shipping 2.9 million Lumia smartphones worldwide during its third quarter, down significantly from the 4 million the company shipped during the previous quarter. In the North American market, Nokia reported shipping 300,000 devices, down from 600,000 in the previous quarter.
Nokia has indicated that its third-quarter results, especially in its key devices and services unit, would be weak and that the quarter would be challenging. The question analysts are puzzling over is just how weak, and whether the company can continue the momentum behind its Lumia line of smartphones running Microsoft's Windows Phone software.
T-Mobile USA declared that Samsung's Galaxy S III is its all-time best-selling device. The crowing came just ahead of T-Mobile announcing new smartphones for the holiday shopping season from Nokia and LG Electronics.
AT&T Mobility said it will exclusively launch Nokia's flagship Lumia 920 Windows Phone 8 smartphone and will also carry the mid-range Lumia 820.
Everything Everywhere, the UK joint venture between Deutsche Telekom's and France Telecom, said it will launch commercial LTE services in the "coming weeks," becoming the first UK operator to do so.
Nokia is conducting an internal ethics review into how and why misleading marketing materials for its new Lumia 920 smartphone were released to the public.
Nokia's new Lumia Windows Phone 8 smartphones failed to be the game-changer the financial industry was hoping for, with brokers at Deutsche Bank and Societe Generale downgrading the shares from hold to sell.
Nokia will release its new flagship Lumia 920 Windows Phone 8 smartphone in November, according to multiple reports. The rumored launch date will allow Nokia to get the phone into market for the holiday shopping season but will come weeks after Apple is expected to start selling the next iPhone.
Check out this week's most-viewed stories across Fierce's wireless publications:
Verizon Wireless will release "multiple" smartphones running Microsoft's Windows Phone 8 software in the fourth quarter. The nation's largest carrier also said it is committed to working with Nokia. The comments give Nokia and Microsoft a badly needed boost in the smartphone market.