Nokia reports Q4 results better than expected

Thursday 10 January 2013 | 14:18 CET | News
Nokia said its fourth-quarter results were better than expected, thanks to strong sales of its Lumia smartphones and lower costs. The company said its main Devices & Services division is expected to report an adjusted operating margin of breakeven to 2 percent, better than its earlier forecast of minus 6 percent, plus or minus four percentage points. Revenues at the division are estimated at EUR 3.9 billion for the fourth quarter, with 86.3 million phones sold. That includes 79.6 million traditional mobile phones, of which 9.3 million from the Asha touch series, and 6.6 million smartphones,

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Categories: Mobile & Wireless
Companies: Nokia / Nokia Siemens Networks
Countries: World
::: add a comment


Interesting and I suppose encouraging from nokia when many had written them off. Check out this interview I had with Tom Erskine, Nokia's Head of Smart Device for Middle East, India and Africa. He says, I quote, “We are still a major player in mobile,” Full Interview here --> http://www.humanipo.com/news/3215/QA-We-are-still-a-major-player-in-mobile-says-Tom-Erskine-Nokia-Head-of-Smart-Devices-for-India-Middle-East-Africa
Tefo Mohapi @ 10/1/2013 - 18:18

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