Tuesday 29 October 2013

Nokia sold 8.8 million Lumia phones in Q3 yes!

They never Said that :Nokia sold 8.8 million Lumia phones in Q3

Nokia
sold 8.8 million Lumia phones in the last three months, a nearly 20 per
cent increase driven by the success of the wallet-friendly Lumia 520free and best nokia lumia newsNokia sold 8.8 million
Lumia phones in the last three months, a 19 per cent increase over
previous numbers driven in large part by the success of the
wallet-friendly Lumia 520.

And Nokia appears to be finally making
some headway in the US market. Although the company only shifted 1.4
million phones in North America this summer, that's nearly four times as
many as this time last year.


Nokia revealed the numbers today in its Q3 results for the three months
from July to September. Net sales for Q3 totalled 5.7 billion euros
($7.845 billion), as the total number of units sold, including both
smart phones and feature phones, rose by 4 per cent to 55.8 million.
Operating profit was 118 million euros ($162.4 million).

Nokia sold 7.4 million Lumia phones in the previous quarter, but still made a Q2 loss of 115 million euros ($150 million).

Over the whole of 2013 so far, from January to September, Nokia's total sales fell 22 per cent.


It's been a tumultuous few months for what was once the biggest phone
manufacturer in the world. Nokia's Windows Phone partner Microsoft is to
cement its relationship with the ailing Finnish firm by buying Nokia's device and services division for $7 billion -- but Nokia CEO Stephen Elop has been criticised by the Finnish government over his "quite outrageous" bonus.


The deal is expected to be finalised at a shareholder meeting on 19 November in Helsinki.

Nokia is forging ahead with new devices, launching its first
tablet, the Lumia 2520, alongside the Lumia 1520 and 1320 smart phones last week. CNET met Stephen Elop at the launch of the new phones, where he told us "our challenge is to get you to try (Windows Phone and Windows RT) in the first place."








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