Lumia's sales record does not prevent Nokia from continuing in losses in the second quarter of the year

As every quarter, Nokia has presented the financial results for the months of April to June 2013 The numbers continue to be negative, and is that those of Espoo do not abandon the losses, although a certain tendency towards a possible recovery continues to be appreciated driven by its range of telephones with Windows Phone. It remains to be seen if this is not too slow.

In summary, Nokia has ended this second quarter of the year with revenues of 5,695 million euros, figures slightly below expectations that translate into losses of 115 million eurosThese data prevent it from abandoning the path of losses, but they do not prevent us from seeing signs of recovery if we take into account the more than 800 million euros that it lost last year around this time.

Lumia pulls the cart

The main division of Devices and Services loses 33 million euros, which is slightly less than expected. Lumia sales continue to grow, from 5.6 million last quarter to 7.4 million today, meeting expectations. The rest of the company's phones continue to drop in sales to 53.7 million units, a couple of million below the figures for the first quarter of the year and almost 20 million less than in the same period last year.

The fact is that, despite the increase in units sold of the Lumia range, achieving its historical record, the income obtained from its sales remains at 1.164 million euros. For each smartphone sold in this second quarter Nokia obtains 157 euros on average, which represents a decrease compared to the 191 euros obtained last quarter. The reduction can be explained by the good sales of the entry-level of the Lumia family.

The long road to profits

The rest of the company's divisions are also suffering the consequences of the lengthy restructuring in which it is immersed. The HERE maps division has lost 89 million euros during the last three months, which is only a small reduction compared to the previous month. Meanwhile the telecommunications division, Nokia Siemens Networks, barely manages to stay in profit with 8 million euros, although it continues on a positive trend.

All in all, and despite the fact that the numbers are not entirely positive, they do show the effects of the company's internal reorganization in pursuit of greater efficiency.As part of it, it is estimated that new changes will affect more than 400 employees worldwide, but it is that the road to benefits is being very long and shareholders may be running out of patience. The remainder of the year will be pivotal for Nokia, with the new Lumia 925, 928 and 1020 on the market and rumors of more possible devices to bring the family together.

More information | Nokia