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.