Nokia swings back to profit in Q4, closing its toughest year with a glimmer of hope

Nokia swings back to profit in Q4, closing its toughest year with a glimmer of hope
Nokia is back to profit in the fourth quarter of 2012, reporting a healthy €439 million ($585 million) of profits on revenue of €8.04 billion ($10.73 billion).

The growth is still mostly due to profits in its Nokia Siemens Network division rather, but while Devices & Services registered less profits they were finally not in the red. In the preceding in comparison, the Finnish company lost a whopping $754 million.

This Holiday quarter is also Nokia’s best one in the long bumpy road since its adoption of Windows Phone as its main platform. Still, for the whole year Nokia has taken a nearly $3 billion loss.

Still, it’s hard to say that Nokia Lumia, the company’s Windows Phone range, caught traction. Nokia sold 4.4 million Lumias, with only 700,000 in North America. The Lumia 920 with its PureView Phase 2 camera (great for low-light situations) is what pushed Nokia smartphones average selling price (ASP) up to €186 from €140 in the preceding trimester. If we look at the Lumia lineup alone, ASP is up to €192 this quarter.

Nokia has decided not to pay out a dividend this year for the first time in a long while, even though it did register a profit this last quarter. This will allow the Finns to have a stronger liquidity position.

source: Nokia (PDF)



57. luabin

Posts: 36; Member since: Jul 29, 2012

@akishakoi i think so, you're the first to have nokia lumia 920 here in the ph, anyway how much does it cost you in singapore?

49. mrvalthier

Posts: 3; Member since: Jan 06, 2013

What a shame, the best cellphone manufacturer making high quality devices with a inferior operating system... If there was a Android Lumia line, Nokia will be the best again, and I would have a Nokia phone for sure.

48. lubba

Posts: 1313; Member since: Jan 17, 2011

Great news for Nokia, eh PA and Android folks?

46. rusticguy

Posts: 2828; Member since: Aug 11, 2012

Profit is because of change in Location & Commerce and also profits jump from Nokia Siemens network which i think is about towers management or something .... if 7 million smartphone sales could get company out of red then every other company wouyld have been out of red. This is just fudging things up ... :)

44. aco96

Posts: 244; Member since: Oct 12, 2012

I just can't believe MeeGo and Symbian are dead. R.I.P. my favourite os-es :(

40. Martine

Posts: 102; Member since: Oct 20, 2011

This is very good for the stability of Nokia as a company but until the mobile division records its first profit in years, all we can do is hope

32. Samsomesh

Posts: 195; Member since: Jun 11, 2012

Nokia+Android will surely rock.... I still hope 1 day we'll see nokia with android.!!!

39. StreetNerd

Posts: 870; Member since: Dec 08, 2010

phandroids everywhere -.-

51. cameogt

Posts: 88; Member since: Oct 18, 2012

you are bitter man.

31. StreetNerd

Posts: 870; Member since: Dec 08, 2010


26. papss unregistered

Android➕Nokia equals laggy soulless beautiful shell... See we can all do that.

25. jameshoe unregistered

Android OS + Nokia tech = 1 billion units sold...

28. chaoticrazor

Posts: 2347; Member since: Aug 28, 2012

wow you can see into the future and you know what would happen......why dont you use that power to see if you ever stop crying about nokia going android its become tragic that android fans claim they have the best and samsung,lg etc are choice yet whine on here they need nokia then they slate nokia's efforts anyway. pathetic


Posts: 28; Member since: Jan 24, 2013

Look whose talking, the big Wp Apple Troll, all you do is complain and nag, take. You're crap elsewhere, no one likes pigs, coopers! Don't post you're Android fanboy scrap, he's this, he's that! What are you, 60 years old guy.

47. jroc74

Posts: 6023; Member since: Dec 30, 2010

How in the world do you figure someone....wantng....a Nokia Andriod pohone as ......needing it..... Please step of that high horse you are on. The more you post....the more I see you are exactly what you claim to fight against. Its shows...easily.

23. Sarajevo

Posts: 38; Member since: Nov 30, 2012

It means, this is mainly result of new Lumia line which was selling only half of 4Q with lack in suply. If they resolve problem in delivery and have no problem il low suply they can increase results. So, if they are selling it for whole quarter, it means some 1.4 mil units. If they manage to make traction, they can increase result additionaly at least 2 times. It is almost 3 mil units for 1Q 2013. And it is only for USA. And from Jan they start selling it in India, China, and all other big markets with low end devices like L620 and L505/510. If they can manage to secure solid suply, they can reach 20-25 mil units in 1Q and other quarters can be only better... I am an optimistic...

22. luabin

Posts: 36; Member since: Jul 29, 2012

when is the official launch of the most awaited lumia's windows phone 8 here in the Philippines? i want it so bad 920!

20. luabin

Posts: 36; Member since: Jul 29, 2012

when is the launch of most awaited lumia's wp8 here in the philippines? 920!!!

13. Nathan_ingx

Posts: 4769; Member since: Mar 07, 2012

...and i hope the new devices which will be released in the upcoming MWC will help them keep their place.

10. oo7Bond

Posts: 9; Member since: Oct 25, 2012

NOKIA gonna rock this year..see you soon as a KING

6. legend1

Posts: 104; Member since: Oct 08, 2012

go nokia !!


Posts: 328; Member since: Oct 13, 2012

I See a much profited next quarter for nokia as the l920 was made available in india this month.

21. No_Nonsense unregistered

Yeah, sales figures are pretty good here. A friend was number 65 in the booking list an hour after pre-booking was opened for the 920 in a particular store.

3. UrbanPhantom

Posts: 949; Member since: Oct 30, 2012

Q4 results for Nokia only represent a very small time figure for selling the Lumia 920, and that was before they had access to Chinese and Indian markets. I predict the next quarter will look very different in a positive way...

8. MeoCao unregistered

last Q is the first Q 920 was on sales, this Q many top phones will be released and 920 is getting old. I think Nokia can be helped by new phones like the 920 variant for Verizon. But it will be very difficult.

17. akbarkool

Posts: 42; Member since: Nov 06, 2012


36. -RVM-

Posts: 331; Member since: Oct 19, 2011

Phones announced on CES will not be available in Q1. But some people may decide to wait for those, which will come to market in Q2.

52. haseebzahid

Posts: 1853; Member since: Feb 22, 2012

they just coming to announcment in MWC and its not old only US, EU and china has it a whole world is outside US

1. Diego!

Posts: 880; Member since: Jun 15, 2009

They should release Nokia Lumia 920 in SouthAmerica ASAP. One of their strongest markets is there!

2. jlp34876

Posts: 80; Member since: Dec 02, 2012

Also Philippines!!!

* Some comments have been hidden, because they don't meet the discussions rules.

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