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Forums - Gaming Discussion - Nokia results: Lumia on target - 5.6m sold this qtr but non-smartphone sales falling.

maximrace on 18 April 2013

Windows phone and lumia starting to take off here in Europe!



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justinian on 18 April 2013

And still the share prices are disappointing.

After much debate I finally decided to invest in Nokia and so far I am disappointed.

All this hitting of targets and still last month Nokia was dropped from the Euro Stoxx 50 Index - much to my disappointment.

The markets still refuses to be impress with Nokia.



A203D on 18 April 2013

I have a Lumia, they suck. I won't be getting the next model.



maximrace on 18 April 2013
kowenicki said:
maximrace said:
Windows phone and lumia starting to take off here in Europe!


They expect bigger growth next quarter, so more like 7m sold.    So Nokia Lumia alone on Windows 8 will be at close to 20m.  Its building reasonably well, not remotley in the Samsung or Apple league, but it doesnt need to be. I expect Nokia to be 3rd again sometime during 2014.

As for mobile OS, Windows will beat RIM.  Samsung adopting their own OS will really shake the market up soon too, so it will be interesting.


I hope windows phone will crawl to 10% marketshare this year. In Belgium it's already around that I think, rising in popularity. Every shop now has min 5 different windows phones for sale while a year ago it was only two phones. There are more ads too



NiKKoM on 18 April 2013

the decline in North America seems worrying at 400.000 devices.. they need to get that up before nobody cares about them in North America anymore.. they can't afford not having a presence there..



 

Face the future.. Gamecenter ID: nikkom_nl (oh no he didn't!!) 

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binary solo on 18 April 2013

Nokia was never popular in the USA I believe, so I doubt they've ever really seen the USA as the place in which their return to relevance would happen.



“The fundamental cause of the trouble is that in the modern world the stupid are cocksure while the intelligent are full of doubt.” - Bertrand Russell

"When the power of love overcomes the love of power, the world will know peace."

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Argh_College on 18 April 2013

iTs growing, i remembre IPhone doing numbers just like that back in 2008, every quarter it was 5m 6m etc...

They are starting to gain traction in the market, lets hope it continuous!

And they have just introduce those 720 and 520 wich should help, along with a new line of High End Lumias.

Lets go Nokia!



DirtyP2002 on 18 April 2013

good results as far as I can tell. Sure not Apple / Samsung style, but that was not expected.



Imagine not having GamePass on your console...

MDMAniac on 18 April 2013

> good results

LOL. Nokia is becoming 3rd grade vendor soon to be consumed by Asian manufacturers. And still somebody sees it through their pink glasses. Oh well.

On the US part, even when it was not that 'popular' in US, it was still selling more than 2M per quarter here.



disolitude on 18 April 2013
justinian said:
And still the share prices are disappointing.

After much debate I finally decided to invest in Nokia and so far I am disappointed.

All this hitting of targets and still last month Nokia was dropped from the Euro Stoxx 50 Index - much to my disappointment.

The markets still refuses to be impress with Nokia.


You have to time your investments man... I invested in nokia when their share was 1.69 last year. Sold it at 3.80 something this year. Once it dips under 3 (probably soon) its a buy again. 

As far as results, I think they don't regret their Windows Phone choice one bit. Their R&D expenses are literally 1/4 to what they were when they were developing and supporting Symbian. (10 billion vs 2.5). Microsoft does the heavy lifting and develops the OS, they provide maps, apps and other stuff... With this existing business model, they should be profitable moving forward.