“Nokia 1020 is a top 3 selling smartphone at AT&T,” says Canaccord Genuity

Nokia Lumia 1020 DeveloperIn an article by the Financial Post analyst company Canaccord Genuity revealed that their August retail checks found Windows Phone was doing relatively well.

They found gradually improving Windows Phone 8 smartphone sales due to strong sales of the Lumia 520 and other mid-low-tier Lumia smartphones.

Surprisingly however the rather expensive and niche Nokia Lumia 1020 was also doing well.

“We believe Microsoft has recently worked more in concert with Nokia to drive sales, as evidenced by Microsoft’s advertising campaign highlighting the Lumia smartphones and features, and the Nokia 1020 is a top 3 selling smartphone at AT&T,” Canaccord analyst T. Michael Walkley said.

He said:

Our surveys indicated positive sales rep reviews and decent sales for the Lumia 1020 at AT&T. Further, our surveys indicated positive reviews though modest sales for the entry- level Lumia 521 and high-tier Lumia 925 at T-Mobile. However, our global surveys indicate gradually improving Windows Phone 8 smartphone sales due to strong sales of the Lumia 520 and other mid/low-tier Lumia smartphones. In fact, our surveys indicated solid Lumia 520 sales not only in emerging markets such as Russia and key APAC region countries but also in developed markets such as the UK and the US. We believe the growing Lumia sales, especially in the harder-to-track mid/low-tier smartphone segments, are leading to gradual WP8 smartphone share gains.

Canaccord analyst T. Michael Walkley told clients that the timing makes sense for Microsoft to purchase Nokia’s devices and services business in order to fund stronger long-term growth trends.

Are our readers surprised the Nokia Lumia 1020 made it to AT&T’s August top 3? Let us know below.

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