Press Release: Nokia to publish second quarter 2012 results on July 19, 2012
Nokia’s giving a heads up that their Q2 2012 results will be available in a weeks time. They’ve already previously warned about Q2 being the same or worse prior to Q1 results so bad news won’t really be new news.
Numbers we’ll be interested in:
- Smart devices sales
- mobile phone sales
- Symbian Sales
- Lumia sales
- What’s going on at NSN
- What’s going on at NAVTEQ
- Any area of Nokia in profit
- Other things I might have forgotten
Espoo, Finland – Nokia will publish its second quarter 2012 results on Thursday, July 19, 2012 at approximately 1pm Finnish time (CET+1). The press release will be available on the Nokia website immediately after publication.
Nokia’s analyst conference call will begin at 3pm Finnish time. A webcast of the conference call will be available athttp://investors.nokia.com. Media representatives wishing to listen in may call +1 706 634 5012, conference ID 95899958.
Nokia publishes in stock exchange releases a summary of its interim reports only. The stock exchange releases include a quarter-specific link to the complete interim reports with tables in PDF-format. The complete second quarter 2012 interim report with tables will be available at http://www.results.nokia.com/results/Nokia_results2012Q2e.pdf. Investors should not rely on summaries of our interim reports only, but should review the complete interim reports with tables.
Additionally, the complete interim reports with tables will be available shortly after publication at http://www.nokia.com/financials, where you may also access our past quarterly and annual financial reports.
http://press.nokia.com/2012/07/12/nokia-to-publish-second-quarter-2012-results-on-july-19-2012
Via @joaoluisc
Category: Nokia
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DRAMA!!!
Someone could take part to the investor call and make notes of it
Good news is that this release did not contain further profit warning…
My Friends will be attending…..
With the wp7.8 retardedness, Nokia q3 might just be a serious shit storm.
I honestly don’t want to look
yeap Q3 is going to be worse ever…. and I’m not sure how many WP8 NOKIA will be able to sell in Q4…
Sack Elop!
There is no real need for that unless
1) he has lost his credibility among personnel
2) he has lost his credibility among sales channel organizations
otherwise it would be stupid to do that now since their only saviour is WP8 and its success.
I agree Nokia only dim of hope is some miracle from WP8 in Q4
I would have agreed with that a while ago, but Elop doesn’t seem up to the task. A new CEO wouldn’t have to do a U-turn on WP – i agree that would be a mistake because Nokia needs to show some consistency. But a better CEO would have handled things much, much better from day one.
There’s no denying Symbian’s death spiral was happening anyway, but the Feb 11 announcement was handled terribly and wouldn’t have helped matters.
A better CEO would not have axed MeeGo – the whole thing about it not being ready was BS, if it was ready for the N9 then it could have hit other devices. Besides, they could have continued releasing one Linux device every year or two. In other words, adopt WP, but don’t say the N9 will be DOA, say that MeeGo is a separate focus of Nokia’s and will be developed and released alongside WP devices. HTC and Samsung make devices with different OSes, so it was dumb for Nokia to dump everything onto one OS that was still so much in its infancy.
If a new CEO came in today, they could continue with WP but also announce the continuation of MeeGo (R&D wouldn’t be that much because it’s already a fully operating and stable OS)
MeeGo R&D was soo cheep they manged to finance themselves
MeeGo has been getting rave reviews compared to boring Windows Phone. Nokia should have continued support and release an N9 successor this year!
I 100% agree. Nokia has always produced more than one OS and still is, as are some of the competitors. I can understand why Elop wanted to embrace WP (as far as ecosystems go, MS is unparalleled in its features and userbase), but it was nothing short of absolutely stupid to cull everything else.
Nokia was always going to be the dominant player of WP, with or without MeeGo. Just as it would be if it adopted Android. Nokia has the best hardware, and designs. Elop’s primary focus should be on Nokia’s profits and mindshare, and marketshare. But his actions have continuously shown to be supporting Microsoft instead. What he should have done is said “Windows Phone will be our primary OS, like Symbian has been, but we will continue to produce and market MeeGo devices”. The burning platform memo even mentioned the iPhone as a premium device with one hardware upgrade a year. MeeGo could easily have been that premium device from Nokia, with WP ranging from low to high, and MeeGo just at the high end.
I agree with you except for the “feb 11 annoucement”, which in fact was a leaked document
you forgot the “” in leaked as well
The first point that the OS was not ready is that even today there is no OS as meego proper except on some old PPTs in some trash can what u cry for is harmattan maemo version pure maemo linux platform and gorgeous swipe UI …. if nokia wants like msft who ported windows 7 with metro on CE kernwl nokia can even get swipe ui on symbian kernel that is technically possible on paper as symbian supports Qt and QML APIs
meego is a piece of crap future of mobile computing is windows windows windows…. and at lowend some swipe smarterphone s0 magic and a symbian twist …. but nokia no meego….
btw even smarterphone has some linux connection;)
LMAO and WP8 will fail
Symbian will be well down as its death spiral enters its final phase. Lumia sales will not balance out the drop but it’ll be interesting to see how many were shifted. Less than 3 million and it’s lights out I think.
I suspect 4 to 5 million, have been sold which is erm awfull, q3 will be a blood bath.
I’m awaiting the public backlash when the public tries windows 8 lol
4 to 5 million would be really positive. I doubt it’ll be more than 4 though.
Windows 8 will sell in the hundreds of millions. There will be a backlash and moaning in much the same way as people were confidently stating that no-one would upgrade to Windows 7 because XP still worked. Of course Windows 7 is the fastest selligng and most popular desktop OS in history so I don’t think MS will be worried by a few naysayers.
what about windows phone?
the official long term target seems to be 10% market share
It’s possible. Then again me winning the lottery is possible.
WP8 will have to be better than the iPhone to succeed large scale. That’s a tough call.
For consumer market yes. It sounds like its will be more mature for business use than Iphone.
good to know that nokia is on the pc market now and will get a cut on the windows 8 microsoft pc tax.
fingers crossed ….
i keep telling myself to ignore the short term drama and remember that the best of nokia is yet to come,
but its still a nerve-racking time.
still no any info about n9 sells
well, will try to count n9 = smartphones – symbians – lumias
Because it isn’t selling.
says who???
I think he means WP, “isn’t selling” must mean WP, stating that N9 is not selling is kinda obvius right? a declared dead overpriced device not selling is hardy any news.
Call a whaaambulance, noki.
Lumia ain’t selling well but it’s selling better than the N9 and always has. I don’t bear the N9 any malice but facts are facts.
Its not selling much. Even in Finland the availability is poor.
sure. cause its out of stocks now.
ie there is a demand but no availability
perfect strategy :>
We will not see that three numbers. I guess they will publish Smartphones total + Lumias only…
I am prepared for fandroid sheep trolling.
Ok lets be realistic
Most Symbian users went over to android
The rest loyal ones will also make an open platform and not Windows
Also why buy a Nokia Wp8 since there is no european factory available?
you can get a much cheaper of the same quality (as they both are being built in china ) from ZTE.
Are you saying that design has no effect on usability? Or durability? Or that all factories are equal with same quality control ( besides, I am pretty sure most of Nokias factories are indeed not in China )?
This has been said so many times but I haven’t seen any prove. So, do you really believe that…
- … Symbian as the former leading OS was bought by millions because it was open to sideload apps? If this was the reason for success what did Apple do with their store? Btw. the store… something Nokia had already before but never made anything out of it until it was to late (just remember how long the store app was not really useful at all and it is still very slow on my N8).
- … the success of Android is based on its openness? How many people mod their phones in any deeper way? Do you think you could sell millions because of that?
I have never felt any advantages of the so called openness of my 7610 (very old one), N95 nor N8. What I feel is for example that even some bugs of the N95 made it to the N8 running Belle (for example the instability of WiFi).
And it is in no way the full truth that a Symbian would go for Android as the only alternative. Android is Google and I prefer Microsoft as a company which makes money from selling something to me (or to companies) over a company like google which is selling my data to companies. People still see MS as the evil player and Google as the good one but this isn’t true in both directions. I’m looking forward to WP8 since it could offer much more than any other mobile OS just by sharing so much with the leading PC OS: Windows (even if Windows 8 won’t be a success like Windows 7)
Let’s be very realistic: Nokia has proven that they simply cannot deliver a competitive OS no matter what the reasons are/were (bad management pre Elop, wrong decisions about compatibility, unmaintainable code heritage etc.). Now, the game of operating systems is to big for a small player like Nokia. How could one think that Nokia could compete at the same time with Microsoft, Apple and Google on their main fields (software)?
I think that the Nokia failure into the OS world has more to do with their bad managment… before seing the Meego/Harmattan it’s clear that with the right managment Nokia can give an OS that’s up to the task, I’m tire of rading the stupid idea of “Nokia is crappy on the software side” or “They don’t know nothing about software”… Elop choose for a lot of factor, and one of these is that he’s more MS guy that anything else, so I need help, why no ask to my friend that need help to, so each one help the other.
One thing to point, Symbian users (those that love it with it’s fails and bugs) and Nokia smartphones users in general, haven jumped into the WP thing because a lot of them don’t wanna to give more money (and power) to MS, nothing to do with it don’t have that feature, or tiles are ugly, not just by that simple factor. I don’t hate them per se, but I know how arrogant can become MS in detriment of their users when they know we haven’t an alternative to choose… Windows Phone can succes??? yes it can, It’s designed as an upgrade path for those users that wanna upgrade from a dumbphone to a “smartphone”, those to use their smartphones as a tool need to look to another side… AND that’s why I HATE Elop… the man simply left me without an alternative within Nokia, at least a N900/N9 esque device, no, nothing to look and grab, I don’t wanna go Droid because there’s nobody that match Nokia build quality (And Android is Linux in the wrong, wrong way), iOS doesn’t fit my needs, WP it’s basically the same that iOS, but more flashy and closed… At least there’s hope that somebody can continue bringing powerfull badass devices, and no simple toys to post your pic over FB & Twitter, because lets face it, Nokia’s done, once in the Microsoft turf you have become their puppet (just track the MS record with their partners…)
Bad management might be a the major issue with Nokias software but in the end it doesn’t matter why something doesn’t work. You cannot sell something to somebody which has more quirks than the competition by saying: “It could be better if there was a better management…”. the fact is that it never got really better… at least not in a way that it could have turned the slope upwards.
You might hate Microsoft (yes, they get arrogant once they are leading to far but the same Apple does even without leading, Intel does and Nokia did as well) and this might be the main reason why you don’t like what Elop does but don’t twist things as you like:
“I’m tire of rading the stupid idea of “Nokia is crappy on the software side” or “They don’t know nothing about software”… Elop choose for a lot of factor, and one of these is that he’s more MS guy that anything else”
Was it Elop who hindered Maemo? Was it Elop who couldn’t get S^3 in shape and in time? Was it Elop who produced underpowered flagships? There are simply problems with Symbian (phones) which were never really fixed or even worked around. How come that the N8 suffered from a small system partition when already the N95 had this problem? Why didn’t they screw up the browser. At the time of the N95 the Nokia browser was competitive but they never managed to catch up until now! And it is just a webkit browser on their OWN OS and on their OWN hardware!
Coming to “using Symbian as a tool” (I know you didn’t say it directly like that)… How is this possible? My N8 does 4 jobs pretty well: making phone calls, taking pictures, playing music, navigate me. I can hardly complain about any of those, BUT already the email app is slow and not something to be proud of (don’t even want to mention the unpredictable behaviour of it when downloading mail and not working around it). Reading PDFs? Please don’t. Even on its main field (imaging) the N8 has quirks on a basic level: Since in S^3, Anna and Belle the gallery app doesn’t re-render the picture (sometimes slower, sometimes not at all). …I could go on and on. Of course, most of it are problems with apps and the core OS might still be fine (which I doubt from all the delays in the past). But then even more: Why didn’t it get better in the past?
Please, don’t get me wrong… I loved Symbian, used it for about 8 years and defended it where I could but I can also see what went wrong in this time and it was NOT Elop’s fault. I pretty much agree with all of his decisions in a long term (even with killing MeeGo and Meltemi!) and we all have to keep in mind that it is much easier to grow when you are already growing and the mindshare is with you than even stopping the process of loosing mindshare. Even if Nokia would do now what Apple did with the first iPhone (changing the game) they wouldn’t start selling their phones like iPhone 4GS or SGS3 now. See how long it took Nokia to reach their actual status. It might have started after the N95 when no real successor was presented (until let’s say the N8). But already before that, Nokia was in trouble against the Motorola Razr (in the end they managed to catch up) and the build quality wasn’t indisputable in those days. Try to look at it in the long terms… We as Nokia fans will still have to suffer a lot until we will see a healthy Nokia again. And Nokia of the future has to be different than Nokia of the past because Nokia of the past screwed it up…
Good post. I agree.
Nokia of the past—- profits growing number of users….
Nokia of the future— Dead.
You dont kill your past if you need it to have a future, plain and simple…
I also don’t think you should put all your eggs in one tiny basket, that you don’t control.
People keep on having this conversation stating that the elop nay sayers defend a only symbian solution, We don’t, at least the vast majority of us all, we question the way the “transition was made”, we question the need of a all or nothing strategy on WP, we question the results…
We would be fine with testing WP and lunching all of the Lumias nokia as launched “would have been probably considered a faliour”, but it could have also sold androids, symbians and meegos, without major shifts to the strategy it flowed, still killing symbian. and minimally sporting meego (it was cheep to do so).
There is truth to noki’s post too.
I guess the way Nokia saw it, it now turns out, is that the WP play was only initially a WP7 play – but mostly a WP8 play. They put all their energies on being a major part of the WP8 platform. Not just an OEM, but delivering the location solution and other things that will be licensed as part of Windows Phones starting with The Eight. So I guess for that kind of commitment they felt just a “testing” attitude towards Windows Phone would not had cut it. They need to go more in.
But I do think they went in a bit too much. They could have communicated and handled Feb11 (and thus the N9 and Symbian transitions) so much better. They could have relegated Symbian to low-end, mid-range side-duty without badmouthing or EOLling it. They could have released the N9 and N950 as hobby projects, and promised to consider more in the future and so on. They could have made those things SO MUCH softer, even if they did make the same cuts as they did.
But no dwelling in the past. The transition is already lost.
WP8 is still Nokia’s to win, if they play their cards right and don’t get acquired.
As was pointed countless times, without immediate killing of all alternatives, nobody would believe it isn’t another side deal like MS had with Samsung or HTC. WP would be in even deeper hole and Symbian/Qt/MeeGo would most probably deliver better results than WP, making complete switch on WP8 at later date impossible.
The no plan B tactic is essential part of WP strategy and if the plan is to bring WP into Nokia at all costs, Elop made the right move.
I agree that might very well be true…But Would mean that Elop knew that WP would fail this badly, in advance…
My suspicion is that Lumias would gave sold much better if they were introduced as an option and not as the only option, with Nokia retaining a much larger percentage of its user base, that would be wiling to have a look at the cheaper Lumias now available.
I tend to agree… had Nokia put their serious weight behind WP in the high-end first, done all they would for WP8 and so on, while still keeping a MeeGo hobby device line as potential and maintaining Symbian as a low-end, mid-range system in their PR… a lot of the bad PR would have been avoided while I’m actually confident not much impact would have happened on the cuts.
People would have accepted Symbian’s a little more limited role (“yes, we are cutting it because it’s role is no longer in the high-end but it is still super important to us”) and a MeeGo hobby would have been good PR too (“yes, MeeGo is a hobby for us, we think it serves certain users really well and shares the Qt ecosystem with our midrange Symbian”)… and “for the future of highend Nokia is going Windows Phone, it will be our primary highend smartphone, and we’ll have WP options in other price ranges too”.
I think something like that could have been done with much less PR damage. Who knows how much it could have helped sales (I doubt Symbian sales would have been very good in any case) but the PR impact would have been less.
Just to clarify, I’m not suggesting they lie to us. Just that they could have kept their options open on Symbian and MeeGo longer and relegated them truthfully to the smaller statuses, but not EOL them. They could have EOLled then a couple years down the road if need be.
Agree with Janne. And there was no need to lie.
WP primarily for business use and NA would have been perfect. Meego and eventually maemo for developers and next billion consumers.
Well, MS has direct access to the number of activations, so by February 2011 they certainly had to know WP isn’t winner.
I don’t get how having Symbian/MeeGo as option could induce people to buy WP more. Samsung or HTC sell WP alongside Android and it doesn’t seem to help WP at all. People aren’t buying WP phones simply because they don’t like them (or because operators don’t offer them, if you like the boycott theory).
Quote fail… Only the first sentence is quotation.
I’m agree at some point… but still I will hate the man (The right decisions… but still it make me angry as hell)… I hope there’s a future for Nokia, because getting in bet with MS is something always goes weird (MS work for THEMSELFVES alwasy…)… That’s the thing that get me really scared about Nokia+MS, call me crazy, but something inside me tell me that in the long run Nokia will be just part of MS, and that’s something I don’t wanna see… At this point I’m betweent two sides, my “Not so much Love” for MS and my Love for Nokia, If the Nokia+MS thing work, Nokia will be part of MS (not directly owned by MS, but I think you understand me), but if the plan don’t work out, there’s no more Nokia, as I see… I’m screwed in the short term (until someone/something new came)…
Agreed, especially the part about the poorly working email client and browser. Ever since I have an 800 I use my email more and even use it send the occasional mail from my phone just because it works reliable.
Yes, WP is lacking in some areas and maybe even lacking there severly yet the thing used most are implemented pretty darn well. Although the browsing experience is somewhat poorer than expected. IE9 was touted as a fast browser yet it doesn’t feel like it. Although it could also be down to just getting used to the speed.
i hope jolla phone to be announced a day after nokia world 2012.
kill that nokia and rename this blog
… Preparing miself for the Drama… The pain is running trough my veins… tralala….
Opsss… Grammar error… tralalala…
any idea behind today’s ‘morning rally’ and the ‘peak’ in stock price?
http://www.nasdaqomxnordic.com/shares/shareinformation?languageId=1&Instrument=HEX24311
I severely doubt nokia will succeed with windows phone 8 even if windows phone 8 is a success. Only way out is nokia should start producing windows as well as android phones in 50:50 ratio.
why when they could do this with the much better looking and real linux-based MeeGo?
China could be a savior here. It is the biggest smart phone market now (33 mil last quarter) and WP is said to be 7% there. According to some reports, Nokia is supposed to have 11% of the smart phone market there. So that would make 2mil Lumia phones and 3 mil nokia smart phones ((symbian + lumia)in china alone.
Last quarter, Nokia sold only 11.2 mil smart phones. The quarter on quarter decline of the Symbian market share is not that bad. So if nokia can hit Q1 2012 numbers, it will be good enough. And probably Lumia phones have a higher margin than the older Symbian phones. I think excluding restructuring costs, Nokia will make a profit.
Looks like WP is doing well in russia too.
Time to purchase plenty of popcorn, cold pizza and warm cola for the 19th.
Don’t forget to come early to take the best spot to see the show
Keep some brandy close to cool your nerves
my predictions are accurate every time, now i am predicting:
3.5-4.5 million lumia sales,
7-8 million symbian sales,
operating loss of more than $500M.
do u seriously think like that, i think microsoft will pay more money in q3 because nokia has agreement not to use android, what i am telling is microsoft anounced about wp8 and wp7.8 so it will automatically brings major loss for nokia, so now the nokia main profits are from m.s devices, so at q3 their wp7.5 wont get sold and besides this they cant choose another major os(android) for nokia smartphone, so nokia will be in deep shit because of ms in q3, so ms will definetly pay for the losses for nokia, its just my thought and am not good at english so try to understand the above thing
I get what you are saying – and indeed because we are not privy to the details of the partnership agreement between Nokia and Microsoft, anything is possible. We don’t know how the support payment plan was arranged.
Personally, I’d expect Microsoft to pay the same 250 million in platform support in Q3 (if Windows Phone 8 is released in Q3 maybe new maps or ads revenue starts coming in too, but probably not yet in Q3). But we shall see.
ya we have to wait for what going to happen, and its mainly microsoft fault for announcing wp7.8 so soon which will be disastrous for nokia so their is high probability microsoft will pay 250m? May be more than 250million this time?
Yes. I get your logic, it is possible. I don’t know if it is likely, but possible?
hehhehehe its really does not work this way…knowfirst Nokia had to be informed with alot of advance about the upgradability of wp8.
here most of us knew the current Lumia range would not be upgradable to WP8, Remember that very quickly shut up Microsoft promo dudde that said that?
Nokia knew it and knows it for a long time.
Of course Nokia knew a lot of things, but they also negotiated a lot of it into the contract, or so the ysaid at the time. The platform support payments came from the expected difficulties in Nokia during the transition. (It is just that the difficulties were deeper than expected.)
So, knowfirst’s suggestion is not completely impossible. But of course don’t hold me responsible for it, I’m not thinking it is likely.
Be realistic. Nokia the company is in a dead spiral and Elop is the pilot driving this plane to the ground. Windows phone 8 is not going to save Nokia. In the PC market where Microsoft has a monopoly, windows 8 OS will sell well by default. In the phone market with real competition Microsoft is struggling. Nokia’s main problem is very poor execution and poor choice of a phone OS. In NOV 2012 windows phone will be 2 years old and it is still less than 5% of the smartphone market. The biggest joke is that Samsung BADA has a bigger world wide share than Windows Phone, WTF !
less than 5% ??? it would be happy with 2%… at this rate in 100 years it will reach 100%
lololololol
I remember many readers here said “Q3 will be better”"When Lumia 900 is released everything will change”
I remember them saying that Q2 Q3 would be the real deal…
Now its Q4, but lets be honest Q1 2013 is the real deal right?
Links. Let’s see what was really said and by who.
Links.
I don’t have the links (and don’t wanna to search… I’m a lazy man)… but I remenber some guys telling us the “Wait for Q2/Q3/Q4″ blabla… they basically say that everything will be getting better over the time… Now it has become wait for next year…
That’s just it, though. I think it is a bit a myth. Sure, people have discussed what certain results mean – but just throwing around without direct quotes and context is probably misleading and overly generalizing in a way that doesn’t really represent the mood here.
For example, Mark has stuck to looking at Q2 numbers, I have stuck at Q4 numbers and so on, with certain comments to explain why. But obviously the slow speed at which Lumia has ramped up around the world has been disappointing too. After getting the first Lumias out in record-time, Nokia has been very slow in ramping up around the world.
Unfortunately Q3/2012 is the first full month of significant global availability, but even that is without the Arabic countries or much of South America. Some of those delays are understandable and related to Windows Phone itself, but at the same time others not so much. Nokia is being their slow self as ever.
Typo: first full month => first full quarter
Janne if its not selling in develop countries were the price range makes sense you expect it to sell well in south America? maybe the cheep ones but not the 800 or 900…Arabic countries is a platform problem…
Just saying Nokia’s execution on Lumia ramp-up has been slow as molasses in some places. I mean, Lumia 610 coming to a UK operator just now… in July? The phone was launched months ago and out in May in many places. So, the ramp-up is slower than expected clouding the numbers potential a bit.
Of course this is Nokia’s execution problem, but it also clouds the Windows Phone’s potential success a bit.
a bit
hehehe but let be honest its not there is a deep shortage of wp terminals available since its launch 
. cant all be Nokia fault right?
MMM… well… Here in Venezuela Movistar has started to sell the Lumia 800, and it’s pricey (Something like 600 US$), Nokia has always been pricey here, but this, it’s like somebody doesn’t wanna it to sell (pricey, poor ad campaing, very very few units), Still waiting to se if someone enter the store and grab the only unit available…
In all honesty what is Nokia going to sell in Q3 seeing the early death of Windows 7.5 and the of course the collapse of Symbian.
I hope they push the Nokia 808 hard during this period but obviously that won’t happen.
Q3 is a disaster waiting to happen
Q3 will indeed be lackluster, unless Nokia’s low-end products (likes of Asha and Lumia 610) can pick up the slack (less dependent on OS and updates) – or unless continued global rollout can compensate with some Lumia sales in new places. Expect Nokia to also use all sorts of marketing incentives to keep the sales going.
But yes, I too expect Q3 to be disappointing. We’ll see.
Nokia’s windows phone market share in usa just 0.3%
http://blog.nielsen.com/nielsenwire/online_mobile/two-thirds-of-new-mobile-buyers-now-opting-for-smartphones/
Of installed base, not periodical sales.