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.
Thread beginning with comment 559042
To read all comments associated with this story, please click here.
Comment
by pandronic on Thu 18th Apr 2013 12:34 UTC
pandronic
Member since:
2006-05-18

I don't agree with your opinion. While Nokia is certainly selling less smartphones, due to the abrupt disappearance of Symbian, on the Windows front there seems to be a healthy growth. If the trend continues and Nokia holds on, the WP devices will make up for the Symbian phones in 2-3 years.

As for the U.S. market, I believe that Nokia doesn't have enough notoriety there and I agree that, at least there, it's a dud.

Reply Score: 4

RE: Comment
by cdude on Thu 18th Apr 2013 14:04 in reply to "Comment"
cdude Member since:
2008-09-21

And in 50 years the have 100% market share ... if grow is linear. But even if, they did not grow. That's just noise in a number to small to measure.

Edited 2013-04-18 14:04 UTC

Reply Parent Score: 1

RE[2]: Comment
by pandronic on Thu 18th Apr 2013 15:07 in reply to "RE: Comment"
pandronic Member since:
2006-05-18

Obviously they can't grow forever, but I feel that for now it looks OK for Nokia. Even if their traditional products are going down hard (cheap phones are probably replaced by basic Android devices and Symbian is thankfully dead), the direction they are actually focusing their efforts on is steadily growing (and a few million phones is not just noise). I think Thom was too quick to judge.

Reply Parent Score: 3

RE: Comment
by tylerdurden on Thu 18th Apr 2013 16:39 in reply to "Comment"
tylerdurden Member since:
2009-03-17

What trend? Their net sales are down 20% from last year, and it accelerated last quarter. So that means the Lumias represent, if anything, an increasing percentage of a shrinking sales volume. Not a good place to be.

Reply Parent Score: 1

RE[2]: Comment
by pandronic on Fri 19th Apr 2013 05:28 in reply to "RE: Comment"
pandronic Member since:
2006-05-18

Well, they are focusing on Windows devices and that part of their business is growing, which is good, while the parts on which they're not focusing are going down as expected.

Sure, Symbian is going down faster than Windows is growing, but if MS will prop them for another year or so, I think Nokia will be ok.

Reply Parent Score: 3