Brace yourself for a Nokia-heavy news cycle next week -- and it probably won't be the good kind. The company has announced plans to release their Q2 2012 results next week on Thursday, July 19th. So far, the outlook doesn't seem too good considering the string of bitter announcements the company kicked out a few weeks ago, including plans to layoff 10,000 employees by the end of 2013.

Of course, there's a lot of speculation around what kind of figures the company will release next week and a few analysts have chimed in on the number sales Nokia is expected to reveal. IntoMobile has worked out their own method of guess-timation based on analyst sales figures and the rate of change in market share, which leads them to believe Nokia will have sold 2.85 million Lumias in Q2 2012. Meanwhile, Reuters has spoken to its analyst sources and they're thinking a little more positively towards Nokia. Those firms believe Nokia will announce 3.8 million Lumia devices sold in Q2, aided by a better-than-expected rollout in Asian markets. However, they also think Nokia will be falling deeper down the rabbit hole with an estimated operating loss of 236 million euros (about $288 million USD) for their handset business.

We'll just have to wait and see what happens, but don't expect any miracles folks.

Source: Nokia, IntoMobile, Reuters