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Nokia's Q3 Lumia sales said to top 8M

updated 10:42 am EDT, Mon October 21, 2013

Nokia's Lumia sales continue to creep up

Sales of Nokia's Lumia line of Windows Phone-powered devices continue to creep upward, according to The Wall Street Journal. The Finnish phone maker, whose mobile division was recently bought by Microsoft, is said to have sold more than eight million Lumia devices in the third quarter of this year, up from 7.4 million in the previous quarter. Should the new figures bear out in Nokia's forthcoming earnings statement, that would mark the fourth straight quarter of increasing smartphone sales for the firm.

The impact of the increased Lumia sales on Nokia's financials remains to be seen. While it moved 7.4 million Lumias last quarter, as well as millions of low-end Asha devices, Nokia still lost $151 million for the three months ending in June.

The reported eight million Lumias figure for the June through September quarter is well beyond twice the number the company sold for the same period last year. That fact may give some encouragement to Microsoft, as last year's third quarter did not include sales of devices running the company's Windows Phone 8 platform. That platform continues to struggle against Apple's iOS and Google's Android, but Microsoft has moved into a distant but sturdy third place slot. Nokia's Windows Phone-powered offerings have been the main driver of Microsoft's growth in the segment, as the Lumia line makes up eight out of the top 10 smartphones running Windows 8 worldwide.

Last month saw Microsoft making a big move into the hardware production sector, buying Nokia's mobile segment for $7.2 billion. The deal has Microsoft licensing the Lumia and Asha brands and acquiring more than 8,500 design patents, as well as 30,000 utility and patents pending. Both companies expect that the deal will close by the first quarter of 2014.

Tomorrow should see the introduction of a range of new Lumia devices from Nokia. In a media event, the firm is expected to show off both a six-inch 1080p phablet and a 10.1-inch 1080p tablet. The former would run Windows Phone 8, while the latter would run Windows RT.



By Electronista Staff
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