toggle

AAPL Stock: 122.29 ( -0.7 )

Printed from http://www.macnn.com

Nokia Q4 mobile phone sales 'exceeded expectations'

updated 09:37 am EST, Thu January 10, 2013

Lumia sales reach 4.4 million, up from 2.9 million in Q3

Nokia has revealed that it's Devices & Services division has "exceeded expectations," in its preliminary fourth-quarter results report. The section "achieved underlying profitability" in the quarter, with both its Mobile Phones business unit and Lumia portfolio gave better than expected results, while operating expenses turned out lower than initially estimated.

Net sales of the Devices & Services section reached 3.9 billion euros ($5.1 billion) for the quarter, Smart Devices making up approximately 1.2 billion euros ($1.57 billion) of the total. Out of the 86.3 million units being sold, 9.3 million were Asha devices, Lumia smartphones sold 4.4 million units, while Symbian smartphones reached 2.2 million phones shipped. The sales numbers are better than the Q3 results, where only 77 million units were sold, 2.9 million being Lumias.

While Nokia issued some details on its results, the complete fourth-quarter and full year 2012 results will not be revealed until January 24th. Third-quarter results showed the company making a total operating loss of $755 million, preceded by a $1 billion loss the quarter before, and a $755 million loss in the first quarter of 2012.




by MacNN Staff

POST TOOLS:

TAGS :

toggle

Comments

Login Here

Not a member of the MacNN forums? Register now for free.

toggle

Network Headlines

Follow us on Facebook

toggle

Most Popular

Advertisement

Recent Reviews

HP 14-x030nr 14-inch Chromebook

If you're like us, chances are you've come to realize that you need the ability to access the Internet on the go. Also, you've prob ...

15-inch MacBook Pro with Force Touch

Apple's 15-inch Retina MacBook Pro continues to be a popular notebook with professional users and prosumers looking for the ultimate ...

Typo keyboard for iPad

Following numerous legal shenanigans between Typo -- a company founded in part by Ryan Seacrest -- and the clear object of his physica ...

toggle

Most Commented