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Nokia has another bad quarter, Lumia sales awful

news article released on: 18 October, 2012

Nokia announced their quarterly earnings this morning, and the numbers were not pretty. The company saw an operating loss of €969 million ($1.27 billion) for the quarter, on revenue of just €7.2 billion ($9.45 billion). Even though the company is supported by Microsoft, net cash and cash equivalents fell from €4.2 billion ($5.5 billion) to €3.56 billion ($4.7 billion) in just one ...

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#1 18 Oct 2012 @ 21:22
m3_chris
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No one wants these turd window phones... I work at a phone store that does around 100 activations per month. In the last three months we have sold two windows phones to people who "had to have them" one was returned. Garbage.
This message has been edited since its posting. Latest edit was made on 18 Oct 2012 @ 21:25
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#2 18 Oct 2012 @ 22:27
KSib
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It sure isn't helping that the 920 only on AT&T. It's like they hate money.
#3 18 Oct 2012 @ 22:45
ZeusAV
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They're being idiots with that exclusive carrier nonsense. They should be trying to get the device available to as many consumers as possible. Galaxy S3 is available on all 4 carriers. Best selling Samsung phone ever. High end Lumia was AT&T only, low end one was T-Mobile only. Perfect recipe for failure.
#4 18 Oct 2012 @ 23:43
mukhis
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nokia CEO must be fired. they started making crap phones with crap strategies. my nokia n8 symbian battery life has become very LOW after one year and a half, the phone is slow as hell, disconnects often and fails to make a call within another 10-15 sec; horrendous.
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#5 19 Oct 2012 @ 9:43
ragde
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Nokia should be like Samsung in a way. They are trying to hug the whole smartphone industry. They make Windows phones, Android phones, and just because Apple doesn't let them or else they would be making the best iOS phones.
#6 19 Oct 2012 @ 19:40
DVDBack23
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Originally posted by ZeusAV:
 They're being idiots with that exclusive carrier nonsense. They should be trying to get the device available to as many consumers as possible. Galaxy S3 is available on all 4 carriers. Best selling Samsung phone ever. High end Lumia was AT&T only, low end one was T-Mobile only. Perfect recipe for failure
They make phones exclusive because the carrier pays for marketing expenses.

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#7 19 Oct 2012 @ 20:32
KillerBug
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Quote:
Lumia sales lagged, with just 2.9 being sold during the quarter
Was the 0.9 replacement parts or are they just so crummy that each device sold is only considered 1/10 of a phone?

Seriously tho, it is hardly surprising to see these crummy phones failing, especially when they openly admit that they won't be getting updates to WinMo8. Nokia saw everyone betting on Android and decided to bet heavily on the long shot...and it blew up in their faces. Unfortunately for their stockholders, they were blinded by the explosion so they keep doing the same thing.

#8 25 Oct 2012 @ 15:24
voyager
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People are waiting for Nokia Lumia 920 that's why nobody is buying old Numias.
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