Nokia may be going through a hell of a transition period, but it released its fiscal Q3 2013 earnings this morning just like clockwork. The Finnish phone maker (for now, anyway) reported a net sales of €5.66 billion (or $7.79 billion) in the quarter ending September, along with a surprise profit of €118 million ($162 million).
Meanwhile, analysts expected the Finnish phone maker to report earnings of zero cents per share (which happens to be in line the figure Nokia put up last quarter) and €5.9 million in revenue in the days leading up to the release.
There's been a considerable amount of movement on the smartphone front as well, as Nokia reported selling 8.8 million Lumia devices in Q3, up from the 7.4 million sold last quarter and the comparatively dismal 2.9 million back in the year-ago quarter. Former Nokia CEO Stephen Elop ascribed that growth to a slew of recent product releases and some savvy over-investment during its early Windows Phone days, but it probably doesn't hurt that BlackBerry - the dark-horse candidate for the 3rd place spot in the smartphone race - has definitely seen better days.
But it won't be long at all before the nature of these earnings releases changes on a fundamental level - after all, Microsoft announced back in September that it would acquire the entirety of Nokia's Devices and Services business for $7.2 billion in a deal that'll close in early 2014, so we'll eventually see the remnants of Nokia focusing on its network and HERE Maps segments.
This is a developing story, please refresh for updates.
