Nokia Finds a Footing With Lumia 520; Lumia Sales Up 32% Sequentially

lumai520Nokia has just released its first quarter results in which it says that its Lumia sales are slowing picking up steam. It sold 7.4 million Lumia’s in the quarter, a 32% increase quarter on quarter, and has specifically said in its earnings report that the Lumia 520 has had strong sales in countries like India, China, France, Thailand, the UK, the US and Vietnam. From the words of the report it looked like the Lumia 520 was one of the best selling Lumia phones.

Nokia had sold 5.6 million Lumias in Q1 2013, and 4.4 million Lumias in Q4 2012. So there seems to be a steady growth. The strong percentage growth in Lumia sales will take time to impact the overall smartphone sales because it is growing on a smaller base.

Nokia said that Mobile Phones Q2 volumes decreased 4% quarter-on-quarter to 53.7 million units, out of which 4.3 million were Asha full-touch smartphones. Sales dropped 27% year on year. It is betting on the Nokia Asha 501, which went on sale at the end of the quarter to improve sales of its lower end phones.

The average selling price of Nokia’s smartphones decreased from Euro 191 to Euro 157 quarter-to-quarter with an increased mix of lower priced Lumia smartphones.

Nokia Group, which also includes Nokia Siemens Network, net sales for the quarter ending June 2013 was at Euro 5.7 billion, down 3% quarter-on-quarter, the company said.

Symbian, the company’s older operating system which it phased out, is nearing its end of life run. Nokia said: “Our Symbian volumes decreased from 6 million units in the second quarter 2012 to approximately zero in the second quarter 2013.”

Including all brands, nearly 6.1 million smartphones were shipped to India in the first quarter of 2013 as against 5.3 million in the previous quarter.

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