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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RE[3]: Ehm
by sparkyERTW on Thu 18th Apr 2013 13:07 UTC in reply to "RE[2]: Ehm"
Member since:

So sales being up 9% year over year is being "slaughtered"? It is certainly not the wording I would use.

Offset by a 49% total reduction in smartphone sales and a 21% year-over-year drop in feature phone sales! Seriously, what's wrong with you?

Reply Parent Score: 9

RE[4]: Ehm
by Nelson on Thu 18th Apr 2013 13:23 in reply to "RE[3]: Ehm"
Nelson Member since:

Yes, it still isn't bad, given that they've grown Lumia sales sequentially for 12/13 of the last quarters and they've had three straight quarters of non-IFRS profitability.

Reply Parent Score: 2

RE[5]: Ehm
by cdude on Thu 18th Apr 2013 13:47 in reply to "RE[4]: Ehm"
cdude Member since:

Nelson! Now that we have the numbers and now that I got proven correct in my last quarters forecast that Nokia continues to burn there limited remaining cash (without option to get new cash caused of there junk-rating) isn't there something you like to admit now? Something like dropping your quarterly "but they grow all time!" and "they are profitable, its changing!" you post here since over 2 years now?

Come on, even you can't deny what's happening with Nokia any longer.

Edited 2013-04-18 13:50 UTC

Reply Parent Score: 8

RE[5]: Ehm
by Nelson on Thu 18th Apr 2013 14:06 in reply to "RE[4]: Ehm"
Nelson Member since:

Err, I haven't had my coffee yet. I meant Nokia has posted a profit for 4/5 last quarters.

Reply Parent Score: 2