Nokia published its third quarter results last night and they don’t make for easy reading, with the handset manufacturer selling 6.3m smartphones in the quarter, down 63% year-on-year.

Nokia sold 2.9m Lumia devices in Q3, down from 4m in the previous quarter. Overall, the company reported a €576m operating loss on net sales of €7.239bn.

Nokia CEO Stephen Elop put a brave face on things, saying, “In Q3, we continued to manage through a tough transitional quarter for our smart devices business as we shared the exciting innovation ahead with our new line of Lumia products.

“In our mobile phones business, the positive consumer response to our new Asha full touch smartphones translated into strong sales.”