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Nokia's phone business earns it $1.16 billion in 2011, sells "well over" a million Lumia handsets

0. phoneArena 26 Jan 2012, 06:45 posted on

Nokia just released its financials for the last quarter of 2011 and for the whole year, and it ended up with about $1.4 billion loss. That was actually not due to its phones business, which made $1.16 billion for the company, but from its Location & Commerce department (think NAVTEQ), and the Nokia Siemens Network joint venture, which it has been looking to pawn off to the highest bidder in vain...

This is a discussion for a news. To read the whole news, click here

posted on 26 Jan 2012, 07:09 3

1. darac (Posts: 2156; Member since: 17 Oct 2011)


so, a million-something units of two windows phones in three months?
wow.
yes I'm being ironic.
it's symbian who saved the day for Nokia.
man, what a mess of a company

posted on 26 Jan 2012, 09:00 2

6. miksu (Posts: 2; Member since: 26 Jan 2012)


no, in a 1,5 months, from nov to dec, and in those few countries it was available. Thats not bad actually.

posted on 26 Jan 2012, 09:18

7. DIYguy (Posts: 190; Member since: 27 Feb 2011)


Just wondering Miksu do you happen to be finnish?

posted on 26 Jan 2012, 07:45 4

2. rex1213 (Posts: 77; Member since: 29 Jul 2011)


Hmmmmm. As far as I can remember, the Nokia N8 sold about 4 million units within three months.

The 2 Lumia handsets (800 and 710) sold just "well over a million handsets"?!

While I agree that Lumia 800 and 710 was not released in October as did N8, I just can't ignore the fact that the total sales volume of the two Lumia handsets COMBINED just reached well over a million handsets. That's a TOTAL CATASTROPHIC FAILURE!

Bring Meego and Symbian back to life you mad Flop(Elop)!
That mad CEO Stephen Elop just came to Nokia only to give Ballmer the car keys to run Nokia indirectly.

Once again, the Evil Empire (Microsoft) is driving Nokia down into its internally-used word called "Death Spiral".

posted on 26 Jan 2012, 12:38 1

8. -RVM- (Posts: 329; Member since: 19 Oct 2011)


N8 was realeased on the last day of October.

posted on 26 Jan 2012, 07:51 2

3. itiswhatitis (Posts: 422; Member since: 23 Jan 2012)


dont you guyz feel headache reading all the topics from phonearena or is it just me?

posted on 26 Jan 2012, 08:02 1

4. JSern (Posts: 282; Member since: 22 May 2011)


Nope, we all did

posted on 26 Jan 2012, 13:33

10. -box- (Posts: 3820; Member since: 04 Jan 2012)


No.
I find it refreshing that it's not just speculative rumors about the next generation of iphones for once, or yet another article about low-sample-size statistics about iphone users and stuff

posted on 26 Jan 2012, 08:13

5. ryq24 (Posts: 507; Member since: 17 Oct 2011)


i really hope nokia will do better so it could put more pressure to other phone maker to build better phones at affordable price.

posted on 26 Jan 2012, 13:23

9. -box- (Posts: 3820; Member since: 04 Jan 2012)


113.5 MILLION phones in Q4? That's more than a milion phones sold per day! Or was that a misprint and should read 113.5 phone sold thru Q4, as in all of 2011?
Either way, that's still a lot of phones, and I believe, in terms of volume, Nokia is still #1.

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