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    Today’s Top Stories: Sony and Nokia Struggle, Apple Sells More Phones Than Ever

    Welcome to this morning’s edition of “First To Know,” a series in which we keep you in the know on what’s happening in the digital world. Today, we’re looking at three particularly interesting stories.

    Sony's Earnings

    [More from Mashable: Apple Is Now the World’s Third Biggest Phone Manufacturer [REPORT]]

    After Wednesday's change in leadership, with Kazuo Hirai taking the reins at Sony, the company posted its Q3 financial year earnings, and the results aren't pretty.

    Sony posted an operating loss of $1.2 billion on revenue of $23.4 billion. Hirai has already announced a plan to save the troubled company, and it includes strengthening its position on the digital imaging and gaming markets, transforming its TV business, and leveraging the company's innovations in the imaging and medical areas.

    [More from Mashable: Today’s Top Stories: Facebook IPO, Kazuo Hirai New Sony CEO, MegaRetrieval]

    Apple Is Now the Third Biggest Phone Manufacturer

    Apple is currently the world's third biggest phone manufacturer, IDC data suggests. Great sales of the iPhone 4S have propelled the company to take over LG, which now sits in the fourth place. Since IDC expects the smartphone market to grow double digits in 2012, we don't see Apple's growth in this area slowing anytime soon.

    Nokia Expects Slow Recovery in 2012

    Nokia Chairman Jorma Ollila is optimistic about the company's future in the smartphone market, but he's aware that the recovery might be slow. "For a significant part of the year the transition will be seen in the results," Ollila told Finnish national broadcaster YLE.

    Nokia has sold more than 1 million Lumia devices so far, but it's going to have to sell a lot more to start regaining market share from competitors such as Samsung, Apple and LG.

    Image courtesy of iStockphoto, DNY59

    This story originally published on Mashable here.

     

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