Nokia’s Elop teases new Lumia, Asha phones around the corner

During its Q1 2013 earnings call, Nokia CEO, Stephen Elop teased upcoming launch of new flagship Lumia and full-touch Asha smartphones. Elop mentioned in his opening remarks that Nokia along with an American carrier would launch its flagship Lumia smartphone. We believe this would be the Lumia 928 on Verizon, which is a variant of the Lumia 920 with a sleeker aluminum chassis.

Nokia shipped only 5 million full-touch Asha smartphones in the quarter, which was a decline of almost 50 percent. Elop blamed low-end, white box Android smartphones in emerging markets for the decline. However, he is hopeful that Asha sales would be revived once new phones are launched. He mentioned that the Asha series has been around for nine months and is ripe for a refresh.

Elop also revealed that the Lumia launch later this quarter would be the beginning of a season of high profile launches, which could indicate the EOS with its 41-megapixel camera and the phablet might be around the corner too. Nokia shipped 5.6 million Lumia smartphones in the quarter, a 27 percent increase sequentially, and is expecting the same, if not more, increase in the current quarter.