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Nokia Sees Q4 2012 Uptick with Lumia Sales

Nokia said that it saw 4.4 million Lumia unit sales during the fourth quarter of 2012, up from 2.9 million in the third quarter. The Finnish company sold a total of 86.3 million devices during the quarter, taking in about $5.1 billion.

"Seasonality and competitive environment are expected to have a negative impact on the first quarter 2013, underlying profitability for devices and services, compared to the fourth quarter 2012," Nokia said in a statement.

Source: LAtimes.com

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