Nokia shipped 4 million Lumia smartphones in Q2 2012

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


FEATURED VIDEO

26 Comments

1. benjitek

Posts: 9; Member since: Jul 11, 2012

How embarrassing :-(

2. abraham

Posts: 11; Member since: Jul 19, 2012

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

26. FlipPhone

Posts: 4; Member since: Jul 04, 2012

Definitely.

3. Veigald

Posts: 290; Member since: Jan 13, 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...

4. smartphone

Posts: 160; Member since: Oct 21, 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.

17. Victor.H

Posts: 1050; Member since: May 27, 2011

Those are shipments, not actual sales to end customers.

5. -RVM-

Posts: 331; Member since: Oct 19, 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).

7. tes101

Posts: 39; Member since: Jul 11, 2012

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

15. dickwyn

Posts: 621; Member since: May 07, 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

18. -RVM-

Posts: 331; Member since: Oct 19, 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.

6. tes101

Posts: 39; Member since: Jul 11, 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.

8. 9_HeLLs_oF_DrOid

Posts: 127; Member since: Jan 02, 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.

9. jtech

Posts: 101; Member since: Jul 14, 2011

I knew that 330,000 phones sold was bs... Let see how long before fandroids asks for nokia to make pureview android phones

10. stylinred

Posts: 50; Member since: Mar 03, 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

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?

23. steelicon

Posts: 318; Member since: Apr 02, 2011

Nokia confirms 330k Lumia sales in the US, vindicates comScore and Nielsen numbers http://www.phonearena.com/news/Nokia-confirms-330k-Lumia-sales-in-the-US-vindicates-comScore-and-Nielsen-numbers_id32451

11. MickDM

Posts: 63; Member since: Nov 29, 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

13. stylinred

Posts: 50; Member since: Mar 03, 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 http://blog.nielsen.com/nielsenwire/online_mobile/two-thirds-of-new-mobile-buyers-now-opting-for-smartphones/ http://techcrunch.com/2012/07/11/kantar-android-now-accounting-for-more-than-half-of-all-android-sales-across-u-s-europe-and-oz/

14. aneelamdani

Posts: 20; Member since: Apr 16, 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.

16. MISTER_H

Posts: 97; Member since: Jul 08, 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.

19. PhansMuneeb

Posts: 371; Member since: Jan 28, 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.

20. cornerofthemoon

Posts: 620; Member since: Apr 20, 2010

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

21. MickDM

Posts: 63; Member since: Nov 29, 2011

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

22. ahhxd717

Posts: 332; Member since: Dec 08, 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.

24. steelicon

Posts: 318; Member since: Apr 02, 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! :-)

25. networkdood

Posts: 6330; Member since: Mar 31, 2010

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

Latest Stories

This copy is for your personal, non-commercial use only. You can order presentation-ready copies for distribution to your colleagues, clients or customers at https://www.parsintl.com/phonearena or use the Reprints & Permissions tool that appears at the bottom of each web page. Visit https://www.parsintl.com/ for samples and additional information.