Nokia's has just announced its Q1 results due on April 19th. It's reportedly sold €4.2 billion worth of phones, €2.3 billion coming from the sale of 71 million dumbphones and €1.7 billion coming from smart devices.
The sales of the Nokia Lumia handsets are still growing, and Nokia managed to sell more than two million Lumia smartphones in the last three months alone.
How ever the success of the Lumia range was not enough to bring Nokia in positive territory.The figures mean that the company will make a loss of around three percent below and Nokia lowered its outlook for the first quarter of 2012, noting that performance from its devices and services division will have a greater negative impact on its quarter than previously expected.
“Our disappointing Devices & Services first quarter 2012 financial results and outlook for the second quarter 2012 illustrates that our Devices & Services business continues to be in the midst of transition,” said Stephen Elop, President and CEO of Nokia.
Full press release after the break