Nokia Q3 results are officially out, and the company seems to be performing just fine.
There was a huge increase year-over-year on operating profit, hitting â¬118 million ( £101 million or $162 million) while total revenue was at â¬5.66 billion ( £4.8 billion/$7.8 billion).
The report finds the Lumia line in good health. Apparently the company sold a record of 8.8 million units over the three mont period. To put that in perspective, last quarter sales were at 7.4 million while the same period in 2012 was at just 2.9 million. Some 1.4 million of those sales came from the US.
Elsewhere, non-Lumia devices fell year-over-year, with 55.8 million units sold. Q3 2012 saw 76.6 million in sales.
Without the phone business, the company recorded â¬2.76 billion ( £24.4 billion/$3.8 billion) in revenue and made â¬204 million ( £174 million/$280 million) in profit. That’s significant because, well, come early 2014 it will be all Nokia has to itself.
So Nokia Q3 results are okay, if unspectacular. The company recently unveiled a brand new range of devices at Nokia World. How will the likes of the Lumia 1520 and new Ashas effect the holiday period?
Source: The Verge