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Home > Latest Posts > Nokia’ Q2 2012 results. Lumia sales 4 millions. Featurephones up by 4%. Nokia’ cash reserve still 4.2 billion Euros ($5.2 billion).

Nokia’ Q2 2012 results. Lumia sales 4 millions. Featurephones up by 4%. Nokia’ cash reserve still 4.2 billion Euros ($5.2 billion).

Nokia’s Q2 2012 is out and as expected it is not rosy. But there are some positives as well which can ensure Nokia’s sustenance in the long run.

  • Featurephone sales seems to be bouncing back after dismal decline in first quarter of 2012. 73 million units were sold which is 4% up quarter on quarter.
  • Cash reserve is still  4.2 billion euros ($5.2 billion) which is good considering Analysts’ worse expectations.
  • Lumia sales exceeded Analyst’s expectations at 4 million units.
  • EUR 400 million pre-payments from existing IPR licenses.
  • Nokia filed more patents in the first half of 2012 than any previous six month period since 2007.
  • 4 out of 5 cars with in-built navigation uses Nokia’s location services.
  • Yahoo, Flickr, Bing and more partners are coming on Nokia Location platform.

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Nayan

Nayan has more than 10 years of experience of covering Technology and innovations. He is a big Nokia fan and Tech disruptions aficionado. He loves to review new cool gadgets and writing about Android, iOS, Gadgets and general Technology stuff. He has been associated with other well-known Tech sites WinCentral and GadgetOx since long.

He currently sports a Lumia 950 XL and Nexus 5X. Other interests include listening to Nu-Metal Hits and Kick-Boxing.
Write to him at Email: [email protected]

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