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What you need to know: This weblog captures key data points about the global telecoms industry. I use it as an electronic notebook to support my work for Pringle Media.

Thursday, January 10, 2013

Nokia's Asha Range Helps it Beat Expectations

Nokia estimated that its "Devices & Services net sales" in the fourth quarter of 2012 were approximately 3.9 billion euros, compared with almost 6 billion euros in the same quarter of 2011. That represents a decline of about 35%. Nokia said it shipped 86.3 million devices in the fourth quarter of 2012, compared with 113.5 million a year earlier.

Nokia's "smart devices" sales in the fourth quarter of 2012 were 1.2 billion euros, down 56% year-on-year. Its mobile phone sales were 2.5 billion euros, down 18% year-on-year. Nokia said it sold 15.9 million smartphones, composed of 9.3 million Asha "full touch smartphones", 4.4 million Lumia (Windows OS) smartphones and 2.2 million Symbian smartphones. Confusingly, the Asha smartphones count as mobile phone sales, rather than smart devices sales.

Nokia estimated that Nokia Siemens Networks net sales in the fourth quarter of 2012 were approximately 4.0 billion euros, up from 3.82 billion euros in the fourth quarter of 2011.

Stephen Elop, Nokia CEO, said: "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.source: Nokia statement

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