Nokia reveals preliminary Q4 2012 fiscal infoBy Hanleigh Daniels 11 January 2013 | Categories: news
Finnish phone giant Nokia has provided preliminary info on certain aspects of its Q4 2012 financial performance as well as initial data concerning its outlook for Q1 2013.
The company currently estimates that the Devices and Services division net sales for Q4 2012 was approximately €3.9 billion, with total device sales volumes amounting to 86.3 million.
Mobile phone net sales were around €2.5 billion, with total volumes of 79.6 million units of which 9.3 million units were Asha full touch feature phones.
Espoo’s smart devices net sales were about €1.2 billion, with total shipment volume of 6.6 million units. Of that total, 4.4 million units were Windows Phone OS-operating Lumia smartphones including the Lumia 800 (review), Lumia 920 (review), Lumia 900 (review), Lumia 610 (review) and Lumia 710 (review). The firm managed to sell 2.2 million Symbian-powered smartphones such as the 808 PureView (review).
Nokia expects “seasonality and [the] competitive environment” to have a negative impact on its Q1 2013 profitability for the Devices and Services division, compared to breaking even or delivering a profit of around 2% during Q4 2012.
“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. 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,” stated Nokia CEO Stephen Elop.
Espoo is releasing its full Q4 2012 and full year 2012 fiscal results on 24 January 2013.
In related news, Nokia also recently announced that it has entered into a new patent license agreement with BlackBerry maker RIM (Research In Motion), with this agreement ending all existing patent litigation between the companies.
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