Yesterday was a big day for technology companies’ financial results, with Google, Nokia and Microsoft all announcing their latest numbers. Google spooked investors by a.) accidentally releasing its financials early in a press release, and b.) reporting a 20% drop in its net income year-on-year to $2.2bn. Nokia’s results were pretty poor – a $745m operating loss – but the company beat analyst expectations. That said, sales of Nokia’s Lumia Windows smartphones fell from 4m units in Q2 to 2.9m in Q3, increasing the pressure to have a big hit with its new Windows Phone 8 devices in Q4. Finally, Microsoft saw its net profit fall 22% year-on-year to $4.5bn, based on sales of $16bn.
EarningsWatch: Google, Nokia and Microsoft’s Q3
