Nokia sold 4.4 million Lumia handsets in Q4

News Paul Briden 12:17, 11 Jan 2013

Nokia sold 4.4 million Lumia Windows Phone handsets in 2012's Q4

Nokia has revealed its Lumia sales topped 4.4 million for 2012’s fourth quarter.

The results show that Nokia has outperformed analyst expectations for the Lumia product line, including its own predictions for the quarter. In December Tomi Ahonen predicted Nokia would sell at most 2.5 million Lumias but it has nearly doubled this figure.

Nokia has managed to turn a 2 per cent operating margin for Q4 beating its own earlier expectations of -6 per cent. Nokia warned that Q1 2013 might not yield such good results as it’s traditionally a fairly weak period for smartphone sales.

Company CEO Stephen Elop said: ‘We are pleased that Q4 2012 was a solid quarter where we exceeded expectations and delivered underlying profitability in Devices & Services.’

Some analysts predict Nokia may have the lion's share of Windows Phone sales for the quarter, although an accurate picture of overall sales can't yet be pieced together there's some suggestion that total Windows Phone sales for the quarter will have reached 6 million.

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