Nokia has revealed how it performed in 2013, but hasn't give exact figures for falling phone sales. January 23, 2014 3:29 AM PST Nokia has seen sales of the Lumia line of smart phones plummet across the world, but the company is keeping quiet about the exact numbers as it publishes its latest financial figures. The Finnish phone-flinger today published its financial results for the fourth quarter of 2013 along with results for the full year. The number of both feature phones and smart phones sold this year fell, leading to a 29 drop compared to 2012. But Nokia hasn't specified the actual numbers, suggesting Lumia has lost some of the momentum seen in the last quarterly results when the company trumpeted a 19 per cent increase in the number of Lumias shifted. In today's results Nokia also revealed it has extended a patent license with Samsung for 5 years, after a bitter legal battle between the two in courtrooms around the world. 2013 has been a decisive year for Nokia: it's been make or break for the Lumia range of smart phones as Windows Phone overtakes BlackBerry into third place in the phone market behind Android and the iPhone. And the company is in the process of selling its phone hardware department to Microsoft, which provides the Windows Phone software for the Lumia range. In light of the sale of the handset division to Microsoft, numbers for the part of the company that actually makes phones are reported separately. That leaves Nokia's continuing operations consisting of three businesses: networking and equipment provider Nokia Solutions and Networks, maps app HERE, and research and development outfit Advanced Technologies. These parts of the business made a profit of 408 million Euros, as opposed to the loss made by the whole company including the handset business. By way of comparison, before announcing today's results Nokia revealed how the company has performed in past years without counting the handset business. In 2012, for example, these parts of the company took in 534m and made a profit of 325m.
Nokia has revealed how it performed in 2013, but hasn't give exact figures for falling phone sales.
Nokia has seen sales of the Lumia line of smart phones plummet across the world, but the company is keeping quiet about the exact numbers as it publishes its latest financial figures.
The Finnish phone-flinger today published its financial results for the fourth quarter of 2013 along with results for the full year. The number of both feature phones and smart phones sold this year fell, leading to a 29 drop compared to 2012. But Nokia hasn't specified the actual numbers, suggesting Lumia has lost some of the momentum seen in the last quarterly results when the company trumpeted a 19 per cent increase in the number of Lumias shifted.
In today's results Nokia also revealed it has extended a patent license with Samsung for 5 years, after a bitter legal battle between the two in courtrooms around the world.
2013 has been a decisive year for Nokia: it's been make or break for the Lumia range of smart phones as Windows Phone overtakes BlackBerry into third place in the phone market behind Android and the iPhone. And the company is in the process of selling its phone hardware department to Microsoft, which provides the Windows Phone software for the Lumia range.
In light of the sale of the handset division to Microsoft, numbers for the part of the company that actually makes phones are reported separately. That leaves Nokia's continuing operations consisting of three businesses: networking and equipment provider Nokia Solutions and Networks, maps app HERE, and research and development outfit Advanced Technologies. These parts of the business made a profit of 408 million Euros, as opposed to the loss made by the whole company including the handset business.
By way of comparison, before announcing today's results Nokia revealed how the company has performed in past years without counting the handset business. In 2012, for example, these parts of the company took in 534m and made a profit of 325m.
