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Nokia 'exceeded expectations' with an estimated 4.4 million Lumia phones sold in fourth quarter

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Gallery Photo: Nokia Lumia 920 hardware photos
Gallery Photo: Nokia Lumia 920 hardware photos

Nokia has told its investors that its Devices and Services business "delivered better than expected results" in Q4 2012, led by the estimated 4.4 million Lumia phones it sold in the quarter. Year-over-year, that compares favorably with the 1 million Windows Phone devices that the company said it sold in Q4 2011, though the phone didn't launch until part-way through the quarter. The 4.4 million sold is also 1.5 million better than it did last quarter, and it's the most Lumia phones the company has sold in any quarter since the smartphone line first launched in fall 2011. This quarter marks the first year of Lumia sales, and it has sold a total of 14.3 million to-date. Beyond Lumia, the company sold 9.3 million Asha phones in the quarter, and the company's reliance on Symbian smartphones continues to fade away as it moved only 2.2 million of the devices. The Finnish company's preliminary earnings report also reveals that its Devices & Services division has achieved "underlying profitability," beating the gloomy outlook Nokia set for itself in Q4. Today's release is a preliminary report, and we'll be keeping an eye out for the full statement in a few weeks.