Nokia today announced its preliminary results for the fourth quarter 2012 as well as provided an outlook for the first quarter 2013. The company stated that for the quarter, the mobile phone business unit and Lumia portfolio delivered better than expected results while the operating expenses were lower than expected. Devices & Services non-IFRS operating margin expected to be between break even and positive 2 percent.
The company currently estimated that Devices and Services net sales were approximately € 3.9 billion, with total volumes of 86.3 million units. The mobile phones net sales were approximately € 2.5 billion, with total volumes of 79.6 million units of which 9.3 million units were Asha smartphones. Smart Devices net sales were € 1.2 billion, with total volumes of 6.6 million units of which 4.4 million units were Nokia Lumia smartphones.
Total smartphone volumes of 15.9 million units composed of 9.3 million Asha full touch smartphones, 4.4 million Lumia smartphones and 2.2 million Symbian smartphones. Devices & Services other net sales were of approximately € 0.2 billion, including a positive impact from non-recurring IPR income of approximately € 50 million.