Nokia said to have reached deal on HERE sale to German carmakers; Microsoft posts loss after Nokia writedown

> Apple shipped 47.4 million iPhones in its most recent quarter to June 27, a figure slightly below what some analysts had expected. However, the company's quarterly profit jumped 38 per cent, slightly more than analysts had expected. FierceWireless article

> Nokia has reportedly reached a deal to sell its HERE mapping and location technology unit to a group of German automakers for a little more than €2.5 billion ($2.71 billion). FierceWireless article

> Microsoft posted a quarterly net loss of $3.2 billion (€2.9 billion) in its fiscal fourth quarter to June 30, caused by a $7.5 billion writedown on the Nokia mobile phone business. Bloomberg article

> Tele2 reported EBITDA of SEK1.39 billion (€148 million/$161 million) for the second quarter of 2015, and failed to meet analyst estimates. Reuters article

> ZTE said first-half preliminary net profits grew by 43 per cent to CNY1.6 billion (€235 million/$258 million) due to increased investment in 4G in China. Reuters article

And finally…Mobile addicts could form the fourth-largest country in the world. The Drum article

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