Following on from a preliminary set of results, Nokia has now released its full interim Q4 2012 results, reporting an operating profit of €439 million (up from -€954 million in Q4 2011), with net sales of €8.041 billion (down 20% YoY). Nokia's Devices and Services division's operating profit was €276 million. The margin in Devices and Services was 7.2% (up from from 3.4% in Q4 2011 and up from -19.2% in Q2 2012). Total smartphone device sales were 6.6 million (4.4 million Lumia, 2.2 million Symbian).
Nokia today announced that its Q4 2012 results will be better than previously expected, with the key Devices & Services division's non-IFRS operating margin expected to be between break even and 2 percent. Previously the company had indicated this would be -6%, with a +/-4% range. Nokia also currently estimates that it sold 6.6 million smartphones (4.4 million Lumia, 2.2 million Symbian) in the last quarter. Mobile phone sales were 86.3 million, and, of these, 9.3 million were Asha full touch devices, which are sometimes classified as smartphones (in which case, a total of 15.9 million smartphones).
Nokia has released its Q3 2012 results, reporting an operating loss of €576 million, with net sales of €7.239 billion (down 19% YoY). Nokia's Devices and Services division's losses were €683 million. The margin in Devices and Services was -19.2% (down from 3.1% in Q3 2011 and down from -11.8% in Q2 2012). Total smartphone device sales were 6.3 million (2.9 million Lumia), compared with 16.8 million units in Q3 2011 (down 63% YoY) and 10.2 million units in Q2 2012 (down 38%, QoQ).
Big software house Digia has announced that it has 'signed an agreement to acquire Qt software technologies and Qt business from Nokia'. Once the acquisition is completed, Digia will become responsible for all the Qt activities formerly carried out by Nokia, including product development, licensing and service. Digia 'plans to quickly enable Qt on the Android, iOS and Windows 8 platforms'. As part of the transaction, a maximum of 125 people from Nokia will transfer to Digia, mostly based in Oslo, Norway and Berlin, Germany.
Nokia has released its Q2 2012 results, reporting an operating loss of €826 million, with net sales of €9.275 billion (down 19% YoY). Nokia's Devices and Services division's losses were €471 million. Margins in devices and services were -11.8% (down from -4% in Q2 2011 and down from -5.2% in Q1 2012). Total smartphone device sales were 10.2 million (4 million Lumia), compared with 16.7 million units in Q2 2011 (down 39% YoY) and 11.9 million units in Q1 2011 (down 14%, QoQ).
Ahead of the announcement of its quarterly results next week, Nokia has issued a statement warning that earnings, margins and device sales in its key Devices & Services division will be lower than expected for the first quarter of the year and that there will be little improvement in the second quarter. Nokia's current estimate for quarter one is that non-IFRS Devices & Services operating margins will be -3% (down from expected break even), with similar or lower figures anticipated for the second quarter.
Nokia hold their MWC press conference today, with a kick off time of 08:30 CET (7:30 GMT). We're expecting multiple device announcements from across Nokia's portfolio. From this story you can follow our live coverage, coming direct from MWC in Barcelona. You can also follow our coverage on Twitter at @aas and @AA_WP.
Nokia has published a great resource for mobile developers who are interested in transferring their skills to Symbian apps via the Qt framework. The Nokia Developer website has published three guides for finding the Qt equivalent of API calls for iOS, Android, and Windows Phone 7. It has come late in Symbian’s life, but it is just what the developer world needed to reduce the friction in developing for this not-so-dead platform.
Most of the numbers are now in for Q4, 2011 and, while some are estimates, we now have a pretty good idea of the state of the mobile industry for the last quarter. Phones grew 6% year on year, smartphones by a whopping 63%, with the latter now at 36% of the overall market. The top three companies were the same by either metric - Apple, Samsung and Nokia are way ahead of the rest.
Nokia has released its Q4 2011 results, reporting an operating loss of €954 million, with net sales of €10.0 billion (down 21% YoY). Nokia's Devices and Services division's profits were €203 million. Margins in devices and services were 3.4% (down from 12.7 % on Q4 2010 and up from 3.1% in Q3 2011). Total smartphone device sales were 19.6 million, compared with 28.6 million units in Q4 2010 (down 31% YoY) and 16.8 million units in Q3 2011 (up 17%, QoQ).
