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Nokia maintains small opg profit as Lumia sales up 27% in Q1
2013-04-18 12:01:00| Telecompaper Headlines
(Telecompaper) Nokia reported a continued decline in results in the first quarter, but managed to maintain a small operating profit and improve sales of its flagship Lumia smartphones. Revenues fell 20 percent from a year earlier to EUR 5.85 billion, while the adjusted operating result was a profit of EUR 181 million versus a loss of EUR 258 million a year ago. The net loss narrowed to EUR 0.07 per share from EUR 0.25. The main Devices & Services division posted an adjusted operating profit of EUR 4 million, on sales down 32 percent to EUR 2.89 billion. While total smartphone sales were down 49 percent annually and 8 percent from Q4 to 6.1 million units, Nokia managed to improve Lumia sales 27 percent sequentially to 5.6 million. Feature phone sales were down 21 percent year-on-year and 30 percent from Q4 to 55.8 million units, with Nokia blaming stronger-than-usual seasonality and tough competition. Nokia said the difficult market conditions are expected to continue in Q2, when Devices & Services is expected to post a negative adjusted operating margin of around 2 percent, plus or minus four percent points. However sequential growth in Lumia shipments is expected to be higher in Q2 than the 27 percent in the past quarter.
Nokia to release phablet, Lumia with 40 mp camera - report
2013-04-18 10:46:00| Telecompaper Headlines
(Telecompaper) Nokia plans to enter the 'phablet' segment this year with a new Lumia device similar in size but with more advanced specifications than the Samsung Galaxy Note, people with knowledge of the company's plans told the Financial Times. Nokia is also expected to launch the first Lumia smartphone using its Pureview imaging technology. The handset being considered for a July launch will have a 40 megapixel camera and flash, people with familiar with the matter said. Other launches being prepared include an upgraded and lighter version of last year's Lumia 920. Nokia declined to comment.
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nokia
Nokia preps 'hero' Lumia handset to reinvigorate US shipments
2013-04-18 02:00:00| Total Telecom industry news
Cost cutting helps struggling Finnish handset maker narrow Q1 loss, but revenue, smartphone volumes slump.
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Nokia Lumia 520 review: One of the best budget phones around
2013-04-15 18:43:46| CNET News.com
Nokia's least expensive Lumia yet is tremendous value on an easy-to-use device. There are more features than you think. [Read more]
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phones
budget
nokia
Nokia Lumia 928 will include an AMOLED screen, larger battery
2013-04-15 16:56:11| Industrial Machines - Topix.net
PureView technology, coupled with a Carl Zeiss lens . The flash has also been updated to Xenon, ditching the LED in the 920.
Tags: include
larger
screen
nokia
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