Nokia hits $7.7 billion in revenue for Q1 2013 with 5.6 million Lumias sold

<div dir="rtl" style="text-align: right;" trbidi="on"><div class="copy post-body" dir="ltr" itemprop="text" style="text-align: left;"> <img alt="Nokia hits $77 billion in revenue for Q1 2013 with 58 million Lumias sold" data-src-height="412" data-src-width="620" src="http://www.blogcdn.com/www.engadget.com/media/2013/04/lumia920-4-18-13-01.jpg" /><br /> Nokia may have seen an operating loss in Q1 2013, but the news isn't all bad. The company saw revenue of $7.7 billion and managed to sell 5.6 million Lumias, which equates to a 30 percent increase in handset sales over last quarter. As for earnings, Nokia put a shiny buff on them by trumpeting a net profit of $236 million using the non-IFRS accounting method. By stricter IFRS rules, it actually lost $150 million, but that still compares favorably to the vast billion dollar losses it made in the same quarter of 2012.<br /> Of the Finnish outfit's handset sales, North America accounted for a mere 400,000 out of the 61.9 million sold compared to the 700,000 it sold last quarter, making it the only region that saw a decline during the period. Other regions, like China, saw a large bump in smartphone revenues, largely due to the popularity of pricey handsets like the Lumia 920. CEO Stephen Elop said the company's bullish on Lumia sales, considering the (rumored) Lumia 928 coming to Verizon, along with the recently launched Lumia 520, 620 and 720. He said that sales of other devices were a dark spot, however -- so the company's likely hoping all the new WP8 devices will offset those lost sales next quarter.<br /> </div></div>

Nokia hits $7.7 billion in revenue for Q1 2013 with 5.6 million Lumias sold

Nokia may have seen an operating loss in Q1 2013, but the news isn't all bad. The company saw revenue of $7.7 billion and managed t...

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Panasonic reveals pricing for (most) 2013 HDTVs, puts plasma R&D on ice

<div dir="rtl" style="text-align: right;" trbidi="on"><div class="image-container" dir="ltr" style="text-align: center;"> <img alt="" src="http://www.blogcdn.com/www.engadget.com/media/2013/01/pannytvs132md.jpg" /></div><div dir="ltr" style="text-align: left;"> Panasonic's NYC press event had more than pricing for its media streamers and Blu-ray players, as the company also put tags on its 2013 HDTVs. While it wasn't ready to announces MSRPs for its top of the line ZT60 plasmas that impressed us greatly at CES, it did put prices and shipping windows on its other models (check after the break for a complete list). The former flagship VT60 series will be available in 55-, 60- and 65-inch versions later this month for $2,600, $3,000 and $3,600, respectively. Cheaper plasma models include the ST60 and S60 series, available in sizes up to 60-inches. Its top of the line WT60 LCD LED-lit models will also ship later this month, topped by the 55-inch version with a sticker price of $2,999.</div><div dir="ltr" style="text-align: left;"> The bad news? While Panasonic's plasma manufacturing will continue, <em>The Verge</em> reports VP Kiyoshi Okamoto confirmed at the event that development has ceased on its plasma models, although some engineers have been shifted to work on OLED displays. We'll see if its recovery efforts and technological developments lead to new large-size OLEDs anytime soon, but for now it appears we're seeing the last of its efforts to push plasma technology forward.</div></div>

Panasonic reveals pricing for (most) 2013 HDTVs, puts plasma R&D on ice

Panasonic's NYC press event had more than pricing for its media streamers and Blu-ray players, as the company also put tags on its 20...

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