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Nokia shipped 4 million Lumia smartphones in Q2 2012

Posted: , posted by Victor H.

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Nokia shipped 4 million Lumia smartphones in Q2 2012
Nokia has just unveiled its financial results for Q2 2012 and in the past three months it shipped 4 million of its Windows Phone-based Lumia devices. That’s just north of analysts expectations, and shows that the company is gradually building up sales. Still, Nokia sells less Windows Phones than Symbian smartphones. In the first quarter of 2012, Nokia sold around 2 million Lumia devices, and back in 2011’s Holiday quarter when the series launched the number stood at 1 million.

The bad news however remains - Nokia registered a huge net loss of 826 million euro or around $1 billion in Q2 2012. Net sales stood at around $9.22 billion, slightly up from last quarter. At the same time, Microsoft continues with its steady $250 million injections each quarter to help its Finnish partner. 

And trouble with Nokia's cash persevered as Espoo burned through nearly 14% of its cash, or 675 million euro, in one quarter. 

At the same time, the average selling price for its Lumia devices slumped from 220 euro per handset in the first quarter to a mere 186 euro in the second trimester. We'd attribute that to the aggressive price cuts on its most important devices like the high-end Lumia 900 and the launch of the most affordable handset in the Lumia lineup, the Nokia Lumia 610. Interestingly, though, the Nokia Windows Phones are not making huge waves in the States. Out of the 4 million Lumias shipped, only 600,000 come from the United States, so international markets outside of North America are actually what keeps the company afloat.

Overall, Nokia shipped 10.2 million smartphones in the three months from April to June, so now nearly a half of all smart devices they sell are running on the Windows Phone platform.

Nokia's feature phone business actually grew by 2% year on year in the second quarter as the company shipped 73.5 million of the basic devices. 

Investors are having mixed reactions for the news - first Nokia shared grew nearly 8% in pre-market trading, and now that slight excitement has subsided and shares are up 4%. 

Sadly, Nokia expects Q3 2012 to be just as bad as the second three months as the Finns toughen up, close factories, lay off employees and try to make it to Windows Phone 8 days, which now seem like the big hope ahead.

source: Nokia

Nokia shipped 4 million Lumia smartphones in Q2 2012

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posted on 19 Jul 2012, 05:19 10

1. benjitek (Posts: 9; Member since: 11 Jul 2012)

How embarrassing :-(

posted on 19 Jul 2012, 05:22 15

2. abraham (Posts: 11; Member since: 19 Jul 2012)

Back in right track!!!! Hope WP8 will give a boost.

posted on 19 Jul 2012, 16:51 2

26. FlipPhone (Posts: 4; Member since: 04 Jul 2012)


posted on 19 Jul 2012, 05:30 13

3. Veigald (Posts: 290; Member since: 13 Jan 2012)

As long as it beats the analysts' expectations, it's good for Nokia. It means they will get more positive publicity and better loan rates if needed.

Man, I'm looking forward to buying me a WP8 phone with PureView...

posted on 19 Jul 2012, 05:55 8

4. smartphone (Posts: 160; Member since: 21 Oct 2011)

Are these shipped figures or sales figures. Because shipped devices shouldn't be counted as sold devices and can't count in revenue.
Anyway I was expecting a very low figure but
Nokia somehow managed to hold on.

posted on 19 Jul 2012, 08:05 4

17. Victor.H (Posts: 808; Member since: 27 May 2011)

Those are shipments, not actual sales to end customers.

posted on 19 Jul 2012, 05:59 6

5. -RVM- (Posts: 331; Member since: 19 Oct 2011)

It's not that bad. Especially NSN did much better, with net loss 5 times smaller than previous quarter. However, Q3 might be really hard with no WP8 devices yet, and no marketing efforts for 808 (and somehow very bad availability in markets).

posted on 19 Jul 2012, 06:03 3

7. tes101 (Posts: 39; Member since: 11 Jul 2012)

They really need to do something for quarter 3 just to get through it what i don't know.

posted on 19 Jul 2012, 07:14 1

15. dickwyn (Posts: 621; Member since: 07 May 2012)

they have something installed for us at a sept 7 eventhttp://megapowertech.blogspot.com/2012/07/nokia-has-some-surprises-for-us-on.html

posted on 19 Jul 2012, 08:15 1

18. -RVM- (Posts: 331; Member since: 19 Oct 2011)

Yea, but if there's announcement on sept 7, there will be market launch proposed for oct 7, delayed to nov 7 and for most markets it will be only available after dec 7.

posted on 19 Jul 2012, 06:01 3

6. tes101 (Posts: 39; Member since: 11 Jul 2012)

I think this is just what nokia needed not good but not to bad either. Nokias heart is still kicking bring out a midrange nokia pureview and push the lumias. Just quarter 3 and than the real fightbak can continue.

posted on 19 Jul 2012, 06:50 2

8. 9_HeLLs_oF_DrOid (Posts: 127; Member since: 02 Jan 2012)

Looks kinda alright but I hope Nokia rises again to the top with WP 8 release. I have very high hopes for WP8 and if my hopes become reality, I'd dump my present Android for a new Lumia with WP8.

posted on 19 Jul 2012, 07:03 2

9. jtech (Posts: 101; Member since: 14 Jul 2011)

I knew that 330,000 phones sold was bs...

Let see how long before fandroids asks for nokia to make pureview android phones

posted on 19 Jul 2012, 07:07 2

10. stylinred (Posts: 50; Member since: 03 Mar 2012)

330k was regarding the USA not worldwide and as for the USA its very close to actuals

since Nokia sold 600k devices in the USA and based off of other figures (by Kantar) Lumia didn't outsell Symbian by much at all

posted on 19 Jul 2012, 07:12 1

12. Aeires (unregistered)

Shipped != Sold.

Fandroids have already asked for Nokia phones. Those requests started last year when Nokia announced the partnership with MS. Where have you been?

posted on 19 Jul 2012, 12:26

23. steelicon (Posts: 318; Member since: 02 Apr 2011)

Nokia confirms 330k Lumia sales in the US, vindicates comScore and Nielsen numbers


posted on 19 Jul 2012, 07:08 1

11. MickDM (Posts: 63; Member since: 29 Nov 2011)

don't expect positive publicity from pa quite yet...thanks, vh, for another super article...you should work on making it easier for your readers to see through your obvious bias so they can get the actual story...ijs

posted on 19 Jul 2012, 07:13 1

13. stylinred (Posts: 50; Member since: 03 Mar 2012)

message i did on MNB

Ok lets see… im trying to figure this out as i go here

Kantar says that in the USA 3% of sales goes to WP
and 0.5% goes to Symbian

Nielsen states that of the marketshare of WP manufacturers in the USA Nokia holds 23%

if that proportion holds true that means of the sales of WP for the 2nd quarter in the USA Nokia is responsible for 0.69% of the 3% WP sales for Q2 according to Kantar (1.155% goes to both HTC and Samsung)

Ok so Nokia didn’t sell more Symbian than Lumia but Nokia surely didn’t sell 500k Lumias out of that 600k

My head is spinning right now so Im not even going to try

But it would seem more like something around 375k Lumias and 225k Symbian phones (absolute ballpark)

Others mentioned that there are still S30 devices being sold in North America (S40 is no longer) I do not know if Nielsen and Kantar grouped S30 into their Symbian figures but I find that hard to believe but they may have

If they did the Ballpark of Lumia sales still holds true if Nielsen/Kantar didn't group S30 into their Symbian figures that would mean that their is a 3rd product line to eat into that 600,000 device figure for North America by Nokia and that would mean even Less Lumias sold than Ballparked



posted on 19 Jul 2012, 07:14 1

14. aneelamdani (Posts: 20; Member since: 16 Apr 2012)

so they have already gone through 75% of their said restructuring and its q3 whats the last thing left. If they can go through q3 under rough conditions, q4 will bring back the wp8 devices.

posted on 19 Jul 2012, 07:39 1

16. MISTER_H (banned) (Posts: 97; Member since: 08 Jul 2012)

lets hope so not. Wp8 is fail. coming from symbian wheres
the platform is like Android open..... Wp8 are will still
be restrictions and not supporting high specs.

posted on 19 Jul 2012, 08:53 1

19. PhansMuneeb (Posts: 371; Member since: 28 Jan 2012)

lol not support high-specs wp8 is coming, 360*640 is high-speced.
Me 2 coming from symbian, and choosed wp7.5 for metro design UI.
Everybody keeps staring at my Lumia 710 (mid-range) device.

posted on 19 Jul 2012, 09:45 1

20. cornerofthemoon (Posts: 601; Member since: 20 Apr 2010)

Frankly I thought the results would be worse....Keep hope alive.

posted on 19 Jul 2012, 10:02

21. MickDM (Posts: 63; Member since: 29 Nov 2011)

that would be due to the doom and gloom from certain pa authors...ijs

posted on 19 Jul 2012, 11:43 1

22. ahhxd717 (Posts: 332; Member since: 08 Dec 2011)

I really hope Windows Phone 8 gets them the success they deserve. With specs being hyped up, even by a good amountaverage consumers, Windows Phone 8 will let them finally make some high end (spec wise) handsets they will attract more sales.

posted on 19 Jul 2012, 12:28

24. steelicon (Posts: 318; Member since: 02 Apr 2011)

Good day boss! Can you please make a separate article highlighting the better news that out of 10.2 Million smartphones shipped, 4 Million are Microsoft Lumia, 6 Million are Nokia Symbian devices?

Just would like the people to know that despite ZERO promotion, Nokia Symbian devices are still the cash generating smartphones for Nokia.

Thank you so much for your kind consideration. More power! :-)

posted on 19 Jul 2012, 14:18 1

25. networkdood (Posts: 6330; Member since: 31 Mar 2010)

Symbian probably brought in much more profit, too. I wonder if that 250 million quarterly stipend from microsoft comes with a price....

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