Nokia Smartphone down 31% in Q4, 1 Million Nokia Lumia Sold

Nokia ‘s Smartphones sales in Q4 slid 31 per cent to 19.6 million devices, grossing sales of 2.74 billion euros, down 38 per cent.Nokia’s SmartPhone Device revenues overall fell 29 per cent to 6 billion euros.he firm's Q4 revenues stood at 10bn euros, down 21 per cent year on year

There were better new for Nokia from emerging markets as nokia achieved double digit growth percentage in the dual SIM business and introduced Asha Smartphone lite series in 76 markets across the world

Nokia finished 2011 with a little more than €10 billion ($13.1 billion) in net sales -- 11 percent higher than Q3, but 21 percent lower than 2010, when Nokia raked in about €12.7 billion (approximately $16.7 billion).

in 2011, Q4 saw Nokia, marking its switch from Symbian to WinPho at the very top end of the smartphone market .Windows Phone powered new “ Lumia “sales started well, as The Lumia handsets, which went on sale in Europe in November, probably sold 1.3 million units globally to operators and retailers by the end of last year, according to the average estimate of 22 analysts compiled by Bloomberg. The projections range from 800,000 to 2 million and only one analyst predicted sales of fewer than 1 million handsets.