Has Nokia sold over 1m Lumia phones? | Mobile Devices | Mobile Entertainment

Has Nokia sold over 1m Lumia phones?

Has Nokia sold over 1m Lumia phones?
Tim Green


Devices / Nokia / January 23rd 2012 at 4:26PM

Combined best guess of 22 analysts.

Bloomberg spoke to a bunch of expert market weathers, who projected that Nokia sold 1.3 million units globally to operators and retailers by the end of last year.

The projections actually range from 800,000 to 2 million, but only one analyst predicted sales of fewer than one million handsets.

“The numbers look promising,” said Espen Furnes, an Oslo- based fund manager at Storebrand Asset Management.

“If Nokia is able to have a strong launch and surpass at least 1 million and keep that type of momentum, this would help put them in a credible position that is crucial to winning back investors.”

If true, it's good news for Microsoft and Nokia, which have declined to give sales figures but faced plenty of rumours suggesting the Lumia has proved disappointing.

The 420 euro Lumia 800 went on sale in Europe in November, while the 270 euro Lumia 710 started selling in four Asian markets and Russia in December.

Estimates for full-year sales of Windows Phones have reached as high as 37 million units from Morgan Stanley.

Nokia announces its latest quarterly results this week.