Nokia handset sales top 83m in Q2, but revenue losses worsen


Lumia sales top four million during the quarter, but financial losses reach £1.2bn

Nokia has reported a rise in handset sales to 83.7 million on the first quarter of the year, shipping four million Lumia devices in its Q2.

Its financial problems however continued with operating losses for the quarter running to £1.2 billion after tax.

Although more handsets were sold by the manufacturer than in the first part of this year, its sales figures still showed a fall of 26 per cent year on year, with its smartphone division reporting a drop of 34 per cent compared to Q2 2011.

Its total sales, which includes its other commercial activities were down 19 per cent year on year, but three per cent up on its Q1 figure.

Nokia CEO Stephen Elop said although the quarter was a difficult one for the firm, staff were pulling together to help turn the company around.

Elop said: “We shipped four million Lumia Smartphones in Q2, and we plan to provide updates to current Lumia products over time, well beyond the launch of Windows Phone 8. We believe the Windows Phone 8 launch will be an important catalyst for Lumia.

During the quarter, we demonstrated stability in our feature phone business, and enhanced our competitiveness with the introduction of our first full touch Asha devices.”