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Things still aren't great, but Nokia appears to be head in the right direction

Nokia Oyj. (HEX:NOK1V) has been on a wild ride.  For a time it was the largest maker of both smartphones (via its Symbian platform) and feature phones.  Then came its struggles to compete with Apple, Inc. (AAPL) and Android, and the decision to embrace Microsoft Corp.'s (MSFT) Windows Phone.  The bold move seemed to only hasten Nokia's fall from grace on the market.

But while it's true that the Nokia of today is much smaller and less profitable than the Nokia of yore, it also appears to be returning from the brink and returning to growth.

In Q1 2013 it sold [PDF] a humble 5.6 million Lumia phones, up from 4.4m during the holiday quarter and 2 million a year ago.  To put that in context, rival Samsung Electronics Comp., Ltd. (KSC:005930) sold around 68 million smartphones in the quarter, while the low estimate for Apple's sales is around 34 million.

In other words, Nokia is still a small player, but it's seeing steady growth in its core Windows Phone platform.  True, 2 million sales is pathetic, but doubling your sales is still doubling your sales.

And Nokia's balance sheet is also improving.  A year ago it made €7.4B ($9.7B USD), but lost €1.34B ($1.70B USD).  This quarter it only made €5.9B ($7.7B USD), but trimmed the losses down to €150M ($196M USD).  That red may be troubling given that it made €202M ($269.0M USD) in total profit after tax last quarter.  But it's not as bad considering that this wasn't a key launch quarter for Nokia smartphone-wise and the holiday quarter tends to be more profitable for all OEMs.
 

Nokia Lumia 920
 
The phonemaker did miss analyst targets -- the consensus target for revenue was €6.5B ($8.5B USD), while the loss was roughly in line with the ~€160M ($209M USD) estimate [source].

Shares in the Finnish phonemaker traded lower on the revenue miss, but that will inevitably turn around if the company continues to grow its Windows Phone sales.  Looking ahead, this fall's Windows Phone Blue will be a critical launch for Nokia. 

In the meantime the company reportedly has a few devices up its sleeve.  It's planning a July refresh to the Lumia 920 that's thinner and lighter, and planning a more affordable version of the 920 for the autumn.  Also slated for July will be the long-awaited 41-megapixel Windows Phone version of the PureView device.  
Nokia PureView
The Nokia PureView 808 [Image Source: Nokia; Modifications: Jason Mick/DailyTech]

Financial Times reports that a phablet is also in the works, writing:

The device that can work as a phone and a tablet – known as a “phablet” – similar in size but with more advanced specifications to Samsung’s popular Galaxy Note.

This is a key emerging category -- Samsung is leading the way with the Galaxy Mega.  Nokia is likely eager to take a piece of the jumbo phone pie as well.

Sources: Nokia, FT [analyst estimates], FT [phablet details]



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Growth is good for everyone
By txDrum on 4/18/2013 6:16:26 PM , Rating: 5
First things first: Android AND Apple fans should be hoping for Nokia and WP8 to succeed. More competition means more innovation, and Nokia has definitely been pushing the innovation of smartphones.

OIS with the amazing lowlight performance of the Lumia 920 promptly made its way onto the HTC One - arguably the best Android phone to date (gold editor's choice on Anandtech after all). Nokia offers the high sensitive touch screen that I expect will eventually work its way onto Android and maybe even iPhone.

Nokia is certainly pushing the envelope in smartphone camera tech with the rumored 41MP Lumia. Things like that are allowing them to push out quality products.

Sure, they don't ship as much as samsung, but growth is growth, no matter how you look at it. And the Lumia line is just now getting into emerging markets and really starting to hit its stride. Everything you see from Windows phone right now is generally steady growth - the same thing Android started with in 2009. It's still too early to call whether it is going to be successful or not.




RE: Growth is good for everyone
By Reclaimer77 on 4/18/13, Rating: -1
RE: Growth is good for everyone
By Tony Swash on 4/18/13, Rating: -1
RE: Growth is good for everyone
By GulWestfale on 4/18/2013 7:20:03 PM , Rating: 2
well, i'll be... tony swash made a post i can gree with.
and now i gotta go outside, i'm shootin' me one o'dem flyin' pigs, y'all.


RE: Growth is good for everyone
By retrospooty on 4/18/2013 7:26:10 PM , Rating: 5
Be realistic... This is ONLY because WP8's low sales makes Apple look good. IF it doesn't serve his agenda, he wouldn't post it.


RE: Growth is good for everyone
By Tony Swash on 4/18/13, Rating: -1
RE: Growth is good for everyone
By retrospooty on 4/18/2013 10:51:18 PM , Rating: 3
I agree. MS is irrelevant 2 apple at this point, you're right. But you're only saying it because it makes Apple look good. You only made that reply because your reply that ms is irrelevant also makes Apple look good. If it didn't make Apple look good you wouldn't bother to mention it like the stock, and lower sales #s and expected declines, lowered forecasts etc.

The problem with being 100 percent full of s**t all the time is that everyone sees you coming and you don't fool anyone.


RE: Growth is good for everyone
By Tony Swash on 4/19/13, Rating: 0
RE: Growth is good for everyone
By retrospooty on 4/19/2013 8:42:30 AM , Rating: 5
"I tend to prefer commenting on what is rather than what may be."
Right... You just left out the part about what "is" positive about any competitor and what "is" negative about Apple.

"You seem very paranoid. I am not trying to fool anyone"

LOL... Funny. Like I say, you tend to tell "The Truth" and "Nothing But The Truth" but ALWAYS leave out "The Whole Truth" ... Meaning, you paint a false picture. You are a smart bloke, and its not by accident. Your posts are generally well thought out, and cleverly worded to bend facts and obscure information, done with the skill of a seasoned politician. You arent here to see what is going on in the tech world, or to learn what products may be coming. You are here on an agenda to try and change minds... For whatever reason. I will leave that reason to others. Whether a paid shill, or an obsessed fanboy is irrelevant, neither is acceptable.


RE: Growth is good for everyone
By StormyKnight on 4/18/2013 11:00:24 PM , Rating: 3
quote:
I think it would be great for Microsoft and for lots of iOS and Android users if they made a good touch version of Office for those platforms.

The problem here is, what would the price point be? Would they charge an obscene amount like they do for the desktop? If so, who would actually buy a version for i0S or Android??


RE: Growth is good for everyone
By BRB29 on 4/19/2013 7:58:00 AM , Rating: 2
It would be in MS's best interest to make it real cheap or even free. The point is not making money off Office, it is gaining marketshare from generating interest in the phone. Then they will make money per phone sold and apps store.


RE: Growth is good for everyone
By tayb on 4/18/2013 7:31:46 PM , Rating: 3
Android fanboys and Apple fanboys can occasionally get together to bash Microsoft, it seems.


RE: Growth is good for everyone
By ATrigo on 4/18/2013 8:50:55 PM , Rating: 2
My enemies' enemy is my friend, right?

Well to be honest any of the two always get together to bash on the other.


RE: Growth is good for everyone
By ResStellarum on 4/19/13, Rating: -1
RE: Growth is good for everyone
By txDrum on 4/18/2013 7:28:26 PM , Rating: 4
Android had to start at 1% market share too you know. I don't know why people expect WP8 to be an instant competitor. I don't. I love my 8X, and would have bought a 920 if I had AT&T, but I see the caveats to Windows Phone. They're essentially the exact same problems that Android had when it entered the market (namely the biggest thing being apps). People don't care about the hardware inside - If I had bought an HTC One, I'd brag about the Snapdragon 600, the science behind the Ultrapixel camera, and Qualcomm's design/pipeline all day, but the average consumer doesn't care.

Developers ARE getting on to windows phone though. The only big missing apps are Instagram and to a lesser degree snapchat? I don't really use either, but Instagram is a big one. The community is growing, and it shows. Everybody starts somewhere, and Windows Phone is growing like it needs to be.

The reason not all the phones are WP8 is because Lumia 520/620/720 haven't been out everywhere yet. They're just now shipping budget phones that will replace the budget WP7 devices. And also, don't ignore WP in Europe - it's still obviously no Apple/Samsung, but it's growing even better there. Double digit market shares exist in more than one country (and not just the ones with <100,000 smartphone markets or something either).

WP8 (and somewhat, BB10) are in the same position Android was 4 or 5 years? ago. But instead of it being Apple and Blackberry, it's Android(samsung?) and Apple.


RE: Growth is good for everyone
By GulWestfale on 4/18/13, Rating: 0
RE: Growth is good for everyone
By Pirks on 4/18/2013 8:32:12 PM , Rating: 5
your brain is crappy, and wp8 interface is slick, comfortable and functional, it's like souped up iOS on much better hardware


RE: Growth is good for everyone
By Reclaimer77 on 4/18/2013 9:06:47 PM , Rating: 2
quote:
your brain is crappy


lol does that comeback still work in Middle School, Pirks?


RE: Growth is good for everyone
By Pirks on 4/18/2013 10:22:34 PM , Rating: 1
when you grow up to the level of middle school, you'll see it yourself :P


RE: Growth is good for everyone
By Belard on 4/20/2013 5:16:45 PM , Rating: 2
WP7 / WP8 UI (Metro) works very good on the phone form factor. The tiles are really nothing more than big buttons.

I used to run WP7 Launcher on my Android 2.x phone. When I got a new phone with Android 4.0, I didn't need the WP7/8 launcher... I liked more of what the default Android launcher was offering me. Widgets and such, that WP7/8 launcher would mess up.

Metro on a desktop computer is crap.


RE: Growth is good for everyone
By Solandri on 4/18/2013 8:32:05 PM , Rating: 2
quote:
Android had to start at 1% market share too you know. I don't know why people expect WP8 to be an instant competitor.

Because once upon a time Microsoft held the lion's share of the PDA market. When PDAs merged with phones to become smartphones, everyone figured Microsoft would be right up there with the market leaders. Instead they've misfired and completely squandered away that huge market lead they once had.

http://en.wikipedia.org/wiki/Windows_Mobile#Market...


bye bye crapdroid, hello wp8
By Pirks on 4/18/2013 5:05:26 PM , Rating: 1
purchased Samsung ATIV S yesterday, gotta post some feedback here in coming months (retro/reclaimer/mototroll, watch out!), likely to drop android for good if this ATIV phone and WP8 don't fail too hard

no nokia for me 'cause their screens are too small

if ATIV S is good enough I'll purchase another one later for my wife and sell my galaxy note to some poor loser hehe ;)

p.s. actually purchased surface pro as well last week, maybe will post some feedback here too, maybe not, we'll see




RE: bye bye crapdroid, hello wp8
By Totally on 4/18/2013 5:27:30 PM , Rating: 1
Funny, how 4.3-45", has become too small literally overnight.


RE: bye bye crapdroid, hello wp8
By retrospooty on 4/18/2013 5:33:03 PM , Rating: 2
"purchased Samsung ATIV S yesterday, gotta post some feedback here in coming months(retro/reclaimer/mototroll, watch out!),"

Watch out for what? I like WP8. It looks pretty decent to me and I never said otherwise. When you went on and on about thow BB OS 7 was great and was equal to Android and IOS and every bit as good I debated that strongly because your head was up your ass... Spouting idiotic things like "The blackberry trackball is an advantage over IOS and Android" ... Yes, and the horse and buggy is an advantage over the car.:P

At least now you have a good phone. Until you start to hate it. NOTE: You will start to hate it, not because there is anything wrong with it, but because you are a whiney beeotch. You Spouted how great your Blackberry OS 7 phone was until you dumped it. You Spouted how great your WP7 phone was until you dumped it, then you badmouthed it. You Spouted how great your Note2 was until you dumped it then you badmouthed it. Now you will surely spout how great your WP8 was until you dump it. You are too childish to work with technology, it obviously frustrates you. :P


RE: bye bye crapdroid, hello wp8
By Pirks on 4/18/2013 6:50:55 PM , Rating: 1
hehe, optical trackball is still an advantage over iphone as well as bb7's larger screen (not _much_ larger than iphone's but was still larger!), so yeah for me bb7 was a bit better than iphone and was miles better than android 2.0

then android improved in 4.0 and wp7 started to look kinda crappy compared to it, so I tried 4.0 on galaxy note and if not for lags and freezes I'd probably use it forever, but then wp8 came along

time to bitch about crapdroid again? well maybe, we'll see how much better wp8 is compared to jelly bean on my galaxy note


RE: bye bye crapdroid, hello wp8
By Reclaimer77 on 4/18/2013 7:02:15 PM , Rating: 1
Isn't it amazing that Pirks magically buys new devices featured on articles, JUST when it allows him to make some trollish "product X sucks" argument? Kind of convenient don't you think?

Next time he'll be saying his new Windows Phone sucks, and the iPhone 6 rocks.

Translation: I think Pirks is full of shit. He's not buying new devices every few months, he's just trolling.


RE: bye bye crapdroid, hello wp8
By retrospooty on 4/18/2013 7:24:46 PM , Rating: 3
"Translation: I think Pirks is full of shit. He's not buying new devices every few months, he's just trolling."

I dunno. I'll take him at his word that he did buy those products. He's just a bitch. Also not bright enough to figure out the issue isnt with all of these phones that are lacking, the issue is the user... aka "Loser interface error".


RE: bye bye crapdroid, hello wp8
By Pirks on 4/18/2013 10:18:51 PM , Rating: 2
Let's say I bought most of them including this Samsung WP8 device from yesterday, but it doesn't matter since I'm not basing my reviews on price. If phone is crap I say so not dependent on price. If it's decent I say so, and to be honest the phone prices are more or less the same these days, all flagship phones cost circa $600 w/o contract hence why even bother whether I bought something or not or how much did it cost? Maybe rural mototroll or redneckish reclaimer bother with a few bucks 'cause of their redneck inner self but that's not me!


RE: bye bye crapdroid, hello wp8
By Reclaimer77 on 4/18/2013 10:35:15 PM , Rating: 2
Just because I value my money, doesn't mean I have less than you. If being a discerning consumer is "redneck", oh well, guilty as charged. You adolescent punk.

You obviously don't research ANY purchase. You must not demo ANY device beforehand. You just buy whatever apparently, then two months later claim it's crap. I've lost count how many times you've done this. Assuming it's not BS you've cooked up as a trolling angle, which I'm still leaning toward.

Retro nailed it man. The only common denominator in this is you. It's not the phones or their operating system, it's YOU!


RE: bye bye crapdroid, hello wp8
By retrospooty on 4/19/2013 8:50:55 AM , Rating: 1
" The only common denominator in this is you. It's not the phones or their operating system, it's YOU!"

It reminds me of a skit I saw somewhere a long time ago... It was themed something like this... "Are you having difficulty dealing with fiends and family? Having confrontations with co-workers and occasionally random people you meet on the street? Are you finding conflict in many different areas of your life? Well, its time to face facts... You're an asshole. It can't be everyone else, the only common factor is you" (then it went on to a self help type seminar on how to stop being an asshole). Reminds me of Pirks.


By Reclaimer77 on 4/20/2013 2:25:01 PM , Rating: 2
Exactly. It's like the psycho lady-friend you know (we all have one) who goes through men like tic-tac's. Finding some fatal flaw in all of them that prevented her from having a happy relationship, supposedly.

Hello crazy lady? The problem is probably YOU lol.


RE: bye bye crapdroid, hello wp8
By Pirks on 4/19/2013 2:46:10 PM , Rating: 1
hey idiot, how would I fucking research Samsung ATIV S by going to the physical store if it is NOT sold here in the physical stores, you can ONLY get it online. why are you such a fucking retarded idiot reclaimer? it's a shame to make such a moronic posts like yours, man this is total facepalm


RE: bye bye crapdroid, hello wp8
By retrospooty on 4/19/2013 4:01:01 PM , Rating: 2
So you bought a phone without even seeing it in person? I've done that too, but i am not the guy who keeps being disappointed with all my purchases like you are.

Hey, serious question... I have to ask, after all that back and forth and you insisting that BB OS10 was miles above anything else out there, going on and on how great it was on the BB tablet, and how once phones were released on BB10 it would save RIMM... Now that the BB10 phone is finally out, why didn't you buy it?


RE: bye bye crapdroid, hello wp8
By Pirks on 4/19/2013 4:39:31 PM , Rating: 2
Because by the time BB10 arrived WP8 was around, and I wanted bigger screen so BB10 with its tiny screen was out of the question.


RE: bye bye crapdroid, hello wp8
By Pirks on 4/19/2013 2:41:24 PM , Rating: 2
quote:
Pirks magically buys new devices featured on articles
yeah who cares if article features nokia and I got samsung, your tiny rat brain doesn't care about things called facts, does it reclaimer? :)))


By Aloonatic on 4/18/2013 5:23:46 PM , Rating: 2
My father decided to get one, only a month or so ago when the 920 was released in the UK.

He's on his 4th 920 after the other 3 kept turning themselves off, or would not make or receive calls, amongst other rather serious bugs.

Hopefully they'll iron these issues out tho, as I do like the look of WP8.




By GulWestfale on 4/18/2013 5:50:24 PM , Rating: 2
maybe they just move them from one side of the warehouse to the other side... 5.6m isn't a lot when samsung alone sold around 70m in the same period. add in the other android makers, apple, and blackberry, and nokia/wp8 is exactly what most people perceive it to be, an also-ran.


By nikon133 on 4/19/2013 2:09:51 AM , Rating: 2
Tell him to stop buying from Trotter Brothers ;)


so they sold as much in a quarter....
By jnemesh on 4/19/2013 5:13:59 PM , Rating: 2
They sold as much in a quarter as Android does in a WEEK! Epic Nokia FAIL!




RE: so they sold as much in a quarter....
By retrospooty on 4/19/2013 6:00:39 PM , Rating: 1
Actually they didn't even sell that much. Android is activating 1.5 million units a day. So they sold less in a quarter than Android does in 4 days.

WP8 does look good though. I would really like to see a large screen phablet type device with WP8. The Samsung Ativ S is very close to a Galaxy S3 with WP8... Something like a Note2 with WP8 would be sweet. Supposedly later this year tehy are coming and will also sport 1920x1080 screens as well.


By Pirks on 4/19/2013 6:11:46 PM , Rating: 2
ATIV S is Galaxy S3 hardware inside the slightly redesigned and more elegant case. Samsung saves on design costs this way, by reusing their old S3 design for their only WP8 handset. I kinda understand them, WP8 won't sell much anyway so reusing their old Android handset design is the most sound decision money wise.

I too was waiting for Galaxy Note with WP8 inside but then I found super cheap unlocked ATIV S on ebay for mere $380 with free shipping so I jumped on it :) It makes sense to get acquainted with a new platform before even deciding to commit more $$$ towards more luxury WP8 phablets.


I wonder what would happen if...
By kmmatney on 4/21/2013 12:24:08 PM , Rating: 2
Microsoft offered Windows Phone 8 free to all makers - this would make it cheaper than Android, since they have to pay Microsoft for that.




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