Nokia Reports Better Than Expected Q4 2012 on the Back of Strong Lumia Sales
By on January 10th, 2013

Nokia finally seems to have caught a break, and has kicked off the new year with some unexpected good news. The fourth quarter turned out to be better than expected, and the Lumia series experienced solid sales.

“We are pleased that Q4 2012 was a solid quarter where we exceeded expectations and delivered underlying profitability in Devices & Services and record underlying profitability in Nokia Siemens Networks”, said Stephen Elop, CEO of Nokia. Nokia sold 4.4 million Lumia smartphones during the last quarter of 2012, which is more than what it managed during the previous two quarters combined. The well received Lumia 920 obvious played a significant role in Nokia’s strong performance; however, Nokia didn’t officially give a model-wise breakdown of Lumia sales.

Nokia-Lumia

The other good news is that Lumia is finally outselling Symbian devices, whose sales tally stood at 2.2 million. “We focused on our priorities and as a result we sold a total of 14 million Asha smartphones and Lumia smartphones while managing our costs efficiently, and Nokia Siemens Networks delivered yet another very good quarter”, added Elop. 9.3 million units of Asha full-touch smartphones, which have been performing well in markets like India, were sold.

Lumia’s sales numbers were undoubtedly helped by the holiday season, but the total sales tally would have probably been higher if Nokia hadn’t been conservative about the number of handsets manufactured. Nokia is predicting a weaker Q1, 2013, based on the fact that it doesn’t have any new device launches, and Q1 is a seasonally weak quarter. However, the introduction of Lumia 920 in several new countries is expected to help the sales figures. Lumia 920 was launched in India just a few hours ago, and was launched in China last month.

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Author: Pallab De Google Profile for Pallab De
Pallab De is a blogger from India who has a soft spot for anything techie. He loves trying out new software and spends most of his day breaking and fixing his PC. Pallab loves participating in the social web; he has been active in technology forums since he was a teenager and is an active user of both twitter (@indyan) and facebook .

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