From DailyTech: Nokia Oyj. (HEX:NOK1V) took way too long to release its first Windows Phones. But the results -- like the Lumia 900 LTE -- looked distinctive, lending hope that the phonemaker's approach was merely meticulousness, not sloth. Initial sales of the Lumia 900 looked promising.
But the wheels fell off the train somewhat in the last quarter. Sales stalled to 600,000 units in the U.S., including 330,000 Lumia 900s. That's down 60 percent in unit sales since last year. And it's way off the roughly 6 million units Nokia moved per quarter in 2006.
One factor slowing sales may be the recent announcement that there will be no full upgrade path for Windows Phone 7 devices to Windows Phone 8.
Revenue wasn't quite so bad for the North American region, as the higher revenue from the Lumia 900 and other models offset lower sales. But globally the financials were quite bad as well. Writes Nokia, "All regions showed a significant year-on-year decline in the second quarter 2012 except for North America where the sharp decline in sales of Symbian devices was more than offset by sales of our Lumia devices."
Globally, Nokia sold 4 million Lumia Windows Phones. That means that roughly 40 percent of Nokia's 10.2 million smartphones sold are Windows Phones. The rest are the soon-to-be defunct Symbian.
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