Thursday, April 18, 2013

Nokia hits $7.7 billion in revenue for Q1 2013 with 5.6 million Lumias sold

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Nokia may have seen an operating loss in Q1 2013, but the news isn't all bad. The company saw revenue of $7.7 billion and managed to sell 5.6 million Lumias, which equates to a 30 percent increase in handset sales over last quarter. As for earnings, Nokia put a shiny buff on them by trumpeting a net profit of $236 million using the non-IFRS accounting method. By stricter IFRS rules, it actually lost $150 million, but that still compares favorably to the vast billion dollar losses it made in the same quarter of 2012...

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