YOUR FRIENDS' ACTIVITY

    Nokia sold 14 million smartphones in Q4… if you reclassify Asha phones

    By Tero Kuittinen | BGR News – Thu, Jan 10, 2013
    Nokia Earnings Q4 2012Nokia

    Nokia (NOK) just issued a positive fourth-quarter warning in Helsinki, stating that the Mobile Phones unit and Lumia phones beat company expectations. The reported Lumia shipment volume of 4.4 million units is very close to the European sell-side consensus expectation; actually 100,000 units above the mid-December consensus.

    [More from BGR: iPhone 5 now available with unlimited service, no contract on Walmart’s $45 Straight Talk plan]

    Nokia’s share price has plunged over the past three days due to rumors about a cheap iPhone from Apple. Now, Nokia’s stock price shot up 14% in Helsinki after the new comments from the company came out. Lumia volume of 4.4 million units for the Christmas quarter is an undeniable relief — but it also probably was heavily propped up by the deeply discounted old Lumia 800. We’ll have to wait and see to get more information about the Windows Phone 8 volume.

    [More from BGR: Polaroid’s Jelly Bean tablets could give Google a run for its money]

    The decision to lump Asha sales into “smartphone” category will be controversial. Asha phones were a big hit for Nokia in Asia and Latin America during 2012. They helped Nokia reverse its market share losses in India and deliver two consecutive volume surprises in the second and third quarters last year.

    But Asha models are built on the S40 operating system and are widely viewed as feature phones by most industry research houses. Nokia is arguing that since you can now have fairly advanced email features, popular apps and games in Asha phones, they actually are smartphones.


    This article was originally published on BGR.com

    Loading...

    More Tech News

     

    News for You »

    • The President's Umbrella Scandal Folded Before It Could Take Off

      There was a brief moment where some conservative were trying to make a scandal out of the President's moment in the rain on Thursday. But unfortunately that scandal died before it could really take off. During his Thursday press conference with Turkish Prime Minister Recep Erdogan, a Marine officer held an umbrella over the President's head to protect him from the rain. There were many problems with this, according to a select group of people. 

    • Mystery of Moon's Magnetic Field Deepens

      The moon generated a surprisingly intense magnetic field until at least 3.56 billion years ago, 160 million years longer than previously thought, a new study reports.

    • NYers furious over photos taken through windows

      In one photo, a woman is on all fours, presumably picking something up, her posterior pressed against a glass window. Another photo shows a couple in bathrobes, their feet touching beneath a table. And ...

    • Inside Bravo's 'Real Housewives of New York' standoff: What went wrong? What went right?

      By Jethro Nededog LOS ANGELES (TheWrap.com) - Bravo's "The Real Housewives of New York" resumed shooting Season 6 on Wednesday - a week late - with just four of the women returning to their jobs after a failed attempt to band together for bigger paychecks. The road to that point was filled with lessons for the network and the housewives. Bravo would ultimately crush the women's "Friends-style" negotiation tactics - something it had actually set out to avoid in the first place. ...

    • Bea Arthur topless painting fetches $1.9M in NYC

      A painting of actress Bea Arthur topless has sold for $1.9 million at a New York City auction. The painting is by artist John Currin and is titled "Bea Arthur Naked." It sold at Christie's auction ...

    • After nearly 30 years, Camp Lejeune coming clean

      CAMP LEJEUNE, N.C. (AP) — Purple wildflowers sprout in abundance around the bright-yellow pipe, one of several jutting from the sandy soil in this unassuming patch of grass and mud. A dirty hose runs from the pipe to an idling truck and into a large tank labeled, "NON-POTABLE WATER."

    • Marine daughter seeks dignity for 'Devil Dog pups'

      JACKSONVILLE, N.C. (AP) — As she flipped through the cemetery register, Mary Blakely's eyes filled with tears. On line after line, the entry read simply "Baby Boy" or "Baby Girl," followed by a surname and a burial date.

    • Do Americans care about the IRS and Benghazi scandals?

      It depends on whom you ask

    Show More
    Loading...

    Follow Yahoo! News