Nokia has published preliminary financial results for the period of Q4, 2012 and have declared them to be better than expected.
The Finnish smartphone manufacturer has estimated shipments of its range of Lumia smartphones to have crossed 4.4 million units. It also shipped 9.3 million units of its Asha range of feature phones. Of the 86.2 million units that Nokia shipped this quarter about 6.6 million are smartphones.
“We are pleased that Q4 2012 was a solid quarter where we exceeded expectations and delivered underlying profitability in Devices & Services and record underlying profitability in Nokia Siemens Networks. We focused on our priorities and as a result we sold a total of 14 million Asha smartphones and Lumia smartphones while managing our costs efficiently, and Nokia Siemens Networks delivered yet another very good quarter,” said CEO Stephen Elop.