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The Boston Globe


Nokia: Q4 mobile phone sales beat own forecast

HELSINKI — Nokia Corp. signaled Thursday that its smartphone partnership with Microsoft was starting to reap rewards as it revealed fourth-quarter mobile phone sales exceeded expectations and said its handset business would return­ to profitability.

Nokia said it sold 86 million devices in the last three months of 2012, including some 4.5 million Lumia smartphones, while revenue amounted to about $5.17 ­billion. A year earlier, it posted a fourth-quarter net loss of $1.33 billion, with a 19 percent plunge in revenue.

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