The Deficit Accounts from Nokia, However, Smaller Than Feared

Despite being sold more and more Lumia-phones, then mobile manufacturer Nokia once again gone into minus.

Nokia has just delivered a new deficit accounts with reduced sales, which was contrary to many people’s expectations. It writes our site.

Sales have gone back 20 percent compared to the same time last year. In the first quarter of this year Nokia sold for 5.85 billion euros against 7.35 billion in the first quarter of 2012. It ended with a result of minus 150 million Euro against 1.34 billion in the first quarter of 2012. However, the deficit is less than feared.

The amount of sold mobile phones is once again declined, this time by 25 percent, to 61.9 million copies. However, there was an increase in sales of Lumia-phones. 5.6 million smartphones were sold from Nokia in the first quarter of 2013 against 4.4 million in 4. quarter of 2012. Nokia expects further progress in the sale of Lumia-models in the current quarter.

It is, among other things, the lower-priced the Lumia-models, which should help Nokia to reach out to developing countries where Nokia has previously had a gigantic market with their cheaper phones.