Nokia posts Q1 2010 results. And no, Symbian^3 and Symbian^4 are not delayed

Nokia has just announced its financial results for the first quarter of 2010. The Finnish company’s nets sales (including sales from services, Nokia Siemens networks and Navteq) totalized €9.52 billion – a 3% increase compared to sales in Q1 2009, but a 21% decreased compared to sales in Q4 2009.

Nokia’s net profit in Q1 2010 was €820 million – 60% higher than in Q1 2009 and 44% lower than in Q4 2009.

107.8 million Nokia phones were sold in Q1 2010 (33% global market share) – compared to 126.9 million in the previous quarter (Q4 2010) and 93.2 million in Q1 2009. The average selling price (ASP) was €62.

Of the 107.8 million units shipped in Q1 2010, 21.5 million were smartphones, like the E72 (pictured below), which will soon have a White Edition.

Nokia also announced that its first Symbian^3 devices would be available in the third quarter of the year, while the first Symbian^4 devices are expected to hit the market in 2011. Contrary to popular belief, this is not a delay – as far as I know, Nokia mentioned from the beginning that Symbian^3 smartphones won’t be out in the first half of 2010, while Symbian^4 smartphones will only be available starting 2011.

Via Nokia

Author: Ilinca Nita

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  • Staska

    Well, Symbian^3 phones are delayed by a month or two from the earlier internal Nokia goals. OPK mentioned that repeatedly during conference call today.

    Also, from the investor/official Nokia announcement point of view – there is a delay. During Nokia Capital Markets Day in Dec. 2009, Nokia said that they will deliver first Symbian^3 handsets in the first half of 2010 (end of Q2, 10). Today is the first official confirmation that Symbian^3 handsets had been pushed to Q3.

    On the other hand, those following Symbian and Nokia closely, should have known better. Official roadmaps have been indicating very clearly that first Symbian^3 are coming in Q3 and Symbian^4 in 1H 2011 for months

  • vasra

    It is a delay. Nokia admitted as much in the teleconference.

    The first Sym^3 phone was supposed to ship in Q2/2010. Now they will be announced in Q2 and ship in Q3. Then the next Sym^3 devices also late after that. Again, according to Nokia.

    Also, Symbian is no longer their top-end platform. They told in the Q&A session that Meego takes that spot.

    Listen to the teleconference, it's all there, including Nokia's admittance of the delays.