Not often do you see us talking about earning calls of tech companies, but be prepared to see them more often from now on. We have been waiting for Nokia’s earning calls for the past quarter, specially to see their Lumia sales figures, and we now have the details [PDF].
Nokia has managed to sell 7.4 million Lumia devices in Q2 (January-June 2013). This was widely expected after promising sales of mid-range and low-end Lumia devices, especially the Lumia 520. We were also interested to see the sale figures of Nokia Asha 501, but sadly, the company hasn’t disclosed it yet. The mobile phones (non-smartphones) volumes in Q2 decreased 4% year-on-year, with 53.7 million units getting shipped this quarter.
Few days back, Nokia announced buying out the 50% stake from Siemens for their subsidiary, the Nokia Siemens Network. NSN continues to perform well and manages to hold Nokia’s share value a little. Coming back to the smartphones, Stephen Elop has commented:
We are very proud of the recent creations by our Lumia team, from the Lumia 520 – our most affordable Windows Phone 8 product which has enjoyed a strong start in markets like China, France, India, Thailand, the UK, the US and Vietnam – to the Lumia 1020, our star imaging product which we unveiled to the world last week.
The 7.4 million figure is the highest we have ever seen for any quarter ever since the Lumia brand was introduced back in 2011. In effect, the company has managed to cut down on the losses, with just over $150 million loss in Q2 2013. In comparison to Q2 2012, the company has reported a decline in total revenues – $7.4 billion against $9.2 billion last year.
For those who are wondering about previous Lumia sales figures, Nokia had sold 5.6 million Lumias in Q1 2013, and 4.4 million Lumias in Q4 2012. So, the 7.4 million figure for this quarter is a 32% jump quarter-on-quarter. The company’s woes are far from over, but Nokia is clear in trying to make itself a compelling third option in the smartphone market (behind Apple/iOS & Samsung/Android). So, the latest figures give them (Nokia & Microsoft) a slight edge over Blackberry to stake a claim for the third ecosystem, but they are still way behind other smartphone giants.