Nokia Has Sold 5.6 Million Lumias In Q1

Posted Apr 18, 2013

Nokia Corporation has announced their Q1 2013 results.  The company sold 5.6 million devices, which is up from 4.4 million in the previous quarter.  Two-thirds of the Lumias sold in Q1 were running on Windows Phone 8. In the same quarter one year ago, Nokia shipped two million Lumia smartphones. Nokia has shipped a total of 19.9 million Lumias since the first Windows Phone device (Lumia 800) was introduced in November 2011.

In terms of sales in North America, Nokia shipped 400,000 total.  This is a 33% decline year-on-year.  In the previous quarter, Nokia shipped 700,000 devices.  Volumes have increased in every region except North America.  Revenues have especially increased in Greater China.

“At the highest level, we are pleased that Nokia Group achieved underlying operating profitability for the third quarter in a row. While operating in a highly competitive environment, Nokia is executing our strategy with urgency and managing our costs very well,” said Nokia CEO Stephen Elop.

The company’s revenue fell 20% to 5.85 billion euros, which is down from 7.35 billion euros one year earlier.  Nokia saw a 339 million euro loss for the January-March period, which is down from a loss of 1.57 billion euros last year.