Good sales performance of the latest line-up of Nokia Windows phones helped the company post a quarterly profit for Q4 2012. It sold 4.4 million Lumia handsets in the last quarter, up from 2.9 million in the previous three-month period.

The entire Nokia Group made 8.04 billion euros (£6.76 billion) in net sales over the period, while operating profit has been revealed to be 439 million euros (£369 million). It marks a significant improvement over the Q3 results, which saw the company lose money to the tune of 576 million euros (£484 million).

Net sales (in terms of revenues) are down year-on-year, from 10 billion euros (£8.41 billion) in Q4 2011, but the company made a staggering loss at the time of almost a billion euros, so the swing back to profitability over the past year has been quite dramatic.

Read: Nokia Lumia 920 review

Of course, aside from the strong sales performance of its Windows Phone 8 devices, Nokia has undertaken a major restructuring process in the past year which will have accounted for a lot of the change in fortunes, but this must be seen as a good step for a former mobile giant on its journey back to the limelight.

The full earnings report can be found (in pdf form) at www.results.nokia.com.

ee.co.uk - PAY MONTHLY PHONES The Samsung Galaxy S10+ is now available on EE who have been awarded the UK’s best network for the fifth year running. RootMetrics tested the four UK networks and EE was faster and more reliable than all of them, with better data performance. Their network has come a long way since they launched in 2012. Back then they had 11 UK cities covered by 4G. Today they cover most of the UK’s land mass, thanks to 19,000 state-of-the-art 4G sites. They’ve got faster, too – from 50Mbps to a maximum speed of 400Mbps. And they’re soon to experience even greater possibilities with the launch of 5G.

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