Nokia loss widens in Q3 to $ 1.27 billion

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.