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: Comment
by tylerdurden on Thu 18th Apr 2013 16:39 UTC 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

RE[3]: Comment
by tylerdurden on Fri 19th Apr 2013 17:57 in reply to "RE[2]: Comment"
tylerdurden Member since:
2009-03-17

But the point is that the growth of the windows phone sales have been nowhere near what nokia required, in terms of overall market share, just to maintain itself at its current size/level as an organization.

It is patently clear that WP will no be able to provide nokia with the same sales volume that symbian did. So overall it is not a key of "growth" but significant "shrinkage."

Reply Parent Score: 1