Linked by Thom Holwerda on Thu 18th Apr 2013 11:21 UTC
PDAs, Cellphones, Wireless Nokia has posted its quarterly results for the first quarter of 2013, and just like the quarters that came before, there's not a whole lot of good news in there. The rise in Lumia sales still can't even dream of making up for the sales drop in Symbian phones, and when broken down in versions, the sales figures for Windows Phone 8 Lumias in particular are very disappointing. In North America, Nokia is getting slaughtered.
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Ehm
by vaette on Thu 18th Apr 2013 11:35 UTC
vaette
Member since:
2008-08-09

A bit weird to say that Nokia is getting slaughtered in North America since they have never had a foothold there before. If anything the historical perspective makes that aspect appear relatively healthy.

The slaughter of Symbian devices does indeed bring the statistics down rather badly, but saying that sort of ignores the fact that Symbian devices are now dead, so the slaughter is in past tense, the current numbers are all the current portfolio and current plan for going forward. Nokia is still losing cash, but the Lumias and Ashas are now bringing in a healthy amount of money.

The thing the markets are upset about is the big drop in Nokias feature phone lines. This is a more critical part, since it brings in a lot of money overall, but really is a play in a segment that may not exist anymore going forward.

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