Nokia Q4 2012 report: $585 million profit, 4.4 million Lumias shipped, 808 PureView its last Symbian phoneAlex Wagner - Editorial Director of News and Content
Next up on the "What's Your Financial Results?" show, we've got Nokia CEO Stephen Elop and his Finnish phone firm. Nokia this morning reported its results for the fourth quarter of 2012, revealing that it pulled in an operating profit of €439 million ($585 million U.S.), which is a nice jump from the $754 million operating loss that the company reported in Q3 2012. Elop and Co. also report that it brought in €8.041 billion ($10.713 billion) in net sales for the quarter.
Moving on to devices, Nokia says that it moved 15.9 million smartphones in Q4 2012, which breaks down to 9.3 million full-touch Asha devices, 4.4 million Lumia models and 2.2 million Symbian products. North America accounted for 700,000 of Nokia's smartphone sales in Q4, which is an increase from 300,000 in Q3 2012 and 500,000 in Q4 2011. Nokia also revealed in its report that the 808 PureView, a smartphone that debuted last year with a 41-megapixel camera sensor, was its last Symbian-powered device. On the subject of platforms that the company is planning to continue working on going forward, Nokia noted that the Windows Phone Store finished 2012 with more than 125,000 apps.
It looks like the final few months of 2012 were good to Nokia, with a healthy jump in its operating profit and Lumia smartphone sales when compared to the previous quarter. As we noted before, Nokia expects its Devices & Services arm to report a negative 2 percent operating margin in Q1 2013 due to factors such as a seasonally weak first quarter, consumer demand and its continued ramp up of new Lumia models. For now, though, Nokia can sit back and enjoy its Q4 2012 results, and maybe it'll even treat itself to an extra doughnut this morning to celebrate. How many of you picked up a new Lumia handset in the final months of 2012?