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Nokia's Devices and Services Unit Exceeded Expectations by Selling 4.4 Million Smartphones

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Core prompt: Apparently ending 2012 on a high, Nokia’s Devices and Services unit exceeded expectations by selling 4.4 million Lumia smar

Nokia Lumia Sales Top 4.4 Million in Q4

Apparently ending 2012 on a high, Nokia’s Devices and Services unit exceeded expectations by selling 4.4 million Lumia smartphones during the fourth quarter of last year, preliminary data shows.

Nokia currently estimates that its Devices and Services net sales for Q4 was approximately €3.9 billion (US$5.1 billion), with total device volumes of 86.3 million units, the company said on last week.

The next 12 months will be important for Nokia and Microsoft, and the sale of 4.4 million Lumia smartphones is a step in the right direction, according to Pete Cunningham, principal analyst at market research company Canalys.

Nokia also sold 9.3 million Asha touch smartphones, as well as 2.2 million Symbian smartphones.

During the fourth quarter in 2011 Nokia sold 113.5 million units, including around a million Lumia devices and a total of 19.6 million smartphones.

The 4.4 million Lumia smartphones Nokia sold also compares to the 2.9 million it sold during the third quarter. The company could have sold even more if it hadn’t been for supply constraints, which especially affected the recently released Lumia 920.

“For example, AT&T and the 920 had significant supply issues with us during the course of the quarter,” Nokia CEO Stephen Elop said during a conference call.

But it is difficult to say what could have been were it not for those issues, according to Elop, who is still happy with Nokia’s progress.

“We have to make steady progress quarter-on-quarter-on-quarter. Obviously, getting off to a good start with Windows Phone 8 was important in that journey and I think the results today reflect the fact that first step is something we are quite pleased with,” Elop said.

Nokia will report its full fourth quarter results on January 24.

 
 
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