Nokia Q3 Results: $162 Million Profit & 8.8 Million Lumias Sold

| October 29, 2013 | 182 Replies
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Nokia+logo,+Helsinki,+Finland+87570Nokia have just released their Q3 earnings, which have managed to create a new record high for Lumia sales, especially in the US. Nokia generated  $7.79 billion revenue and  $162 million profit off that. Nokia also sold 8.8 Million Lumia devices this quarter, with  1.4 Million going straight to North America (thanks to the 520 and 521). However the average sale price per device dropped from 155 euros to 143 (7%) due to the competitive pricing of the low end Lumias.

Full report here: http://www.results.nokia.com/results/Nokia_results2013Q3e.pdf

*In Q2 Nokia had sold a then record breaking 7.4 million Lumia devices, thankfully that number continues to increase.

*Both HERE maps and NSN managed to maintain a positive outcome, offsetting a negative 1.6% perating balance from the Devices and Services division (meaning that the parts that Microsoft didn’t buy are the profitable ones 😛 )

*Nokia also sold 5.9 million Asha full-touch smartphones, now with the release of the 500, 502 and 503 those numbers should hopefully increase.

Thanks for the Tip Janne and Alvester

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Category: Lumia, Nokia, Windows Phone

About the Author ()

Hey, my name's Ali- Currently a fifth (and final) year Dental Student from Chicago; studying in Jordan. I love all sorts of gadgets almost as much as I love my cookies! Be sure to follow my Twitter handle @AliQudsi and Subcribe to my Youtube for the latest videos - no pressure. Thanks.
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