Nokia may have seen an operating loss of $150 million 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 method, but regardless of the method used, it's still showing lower profits than last year, when it saw a $439 million operating profit and $635 million non-IFRS.
Of the Finnish outfit's handset sales, North America accounted for a mere 400,000 out of the 61.9 million sold compared to the 700,000 it sold last quarter, making it the only region that saw a decline during the period -- though its upcoming (rumored) launch of the Lumia 928 on Verizon might help there. Other regions, like China, saw a large bump in smartphone revenues, largely due to the popularity of pricey handsets like the Lumia 920. CEO Stephen Elop said the company's bullish on Lumia sales, considering that it hasn't been selling the 620 long and the Lumia 520 and 720 just dropped into the market. He said that sales of other devices were a dark spot, however -- so the company's likely hoping the new WP8 devices will offset those lost sales next quarter.
Source: Nokia
