Nokia Announce Smartphone Sales of 14.7 Million in Q3
Nokia have today released their Quarter 3 2013 results, which show a 19% increase in Lumia sales against last quarter, up from 7.4 million to 8.8 million units sold.
Asha Full Touch devices (not universally recognised as a smartphone) also went up against last quarter, from 4.3 million to 5.9 million units.
Non smartphones/feature phones sales increased 4% against last quarter, with sales of 55.8 million.
Nokia themselves said, in their press report:
Nokia Group non-IFRS EPS in Q3 2013 was EUR 0.01; reported EPS was EUR -0.02 – Nokia Group achieved underlying operating profitability for the fifth consecutive quarter, with a Q3 non-IFRS operating margin of 3.8%, driven by strong performances by Nokia Solutions and Networks (NSN) and HERE.
– Nokia Group ended Q3 with a strong balance sheet and solid cash position, with gross cash of EUR 9.1 billion and net cash of EUR 2.4 billion. Excluding the acquisition of Siemens’ stake in NSN for EUR 1.7 billion, Nokia Group net cash was approximately flat sequentially. At the end of Q3 NSN’s contribution to Nokia Group gross and net cash was EUR 2.7 billion and EUR 1.5 billion, respectively. – NSN achieved underlying profitability for the sixth consecutive quarter, with Q3 non-IFRS operating margin of 8.4%, reflecting strong gross margin and continued progress relative to its strategy in a seasonally weak quarter. – HERE achieved Q3 non-IFRS operating margin of 9.5%, reflecting solid gross margin and operational efficiency. – Devices & Services achieved Q3 non-IFRS operating margin of negative 1.6%.
You can read the whole press release yourself HERE