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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, April 18, 2013

Nokia Sees Another Sharp Sales Fall


Nokia said that its net sales fell 21% year-on-year in constant currencies in the first quarter to 5.85 billion euros, as sales in its devices and services division fell 33%. Nokia Siemens Networks' revenues declined 4%.

Nokia said it shipped 11.1 million smartphones in the quarter consisting of 5 million Asha full touch smartphones, 5.6 million Lumia smartphones (running Windows Phone) and 0.5 million Symbian smartphones. Nokia said: "In the second quarter 2013, supported by the wider availability of recently announced Lumia products, Nokia expects the sequential growth in Lumia unit volumes to be higher than the 27% sequential growth in the first quarter 2013." source: Nokia statement

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