Nokia releases its financial report for Q4 2013, showing a decline in Lumia sales before passing the baton to Microsoft
From WP Central:
From WP Central:
How ever many Windows Phones Nokia managed to sell last quarter (we're back to Q4 2013), the company managed to more than double its results from 2012 – a positive outlook on progress made with Microsoft and its mobile platform, but this fails to mask the slight dip Nokia has experienced over the important holiday period. Fancy some figures? 2012 saw Nokia sell 13.3 million mobile devices running Windows Phone, while annual sales for 2013 would be at least 27.8 million. It's an improvement, but the division still sits as a loss and burden on Nokia as a whole.Nokia posts somewhat disappointing Q4 2013 results, avoids revealing Lumia sales
The combined total of both feature phones and smartphones sold in 2013 plummeted, resulting in a 29 percent drop in revenue to 2.63 billion euros ($3.57 billion) compared to the previous year. It would be difficult to point the finger at just what may be the root cause of this turn of events rounding off 2013 since we're looking at both feature and smartphones. Nokia announced the Lumia 1520 and Lumia 1320, the first two phablet devices running the Windows Phone OS. Not only that, but we also saw Nokia's first Windows tablet, the Lumia 2520 hit stores.
