Nokia Has Sold 4 Millions Lumias—But It’s Still Making a Loss [Nokia]

Nokia has just released its financial report for the second quarter of 2012, and it’s bitter-sweet. While Lumia sales are really taking off, the company continues to operate at significant loss. More »

RIM Forced to Pay $147 Million Damages Over Patent Dispute [Rim]

The New York Times is reporting that RIM has been found liable of infringing software patents held by Mformation Technologies. There goes $147 million in damages for the BlackBerry manufacturer—more cash it can’t afford to lose. More »

Is HTC the New Doomed Phone Manufacturer? [Chatroom]

HTC’s fortunes aren’t going so well. At the start of the year, the company announced a 22 percent decline in operating income, year-on-year. Today, it’s had the misfortune to announce that its second quarter net profits for 2012 are down a hideous 57 percent compared to the year before. More »