A leading analyst firm is tipping Nokia to sell around 37 million Windows Phones in 2012 despite having shifted just a million units of the new Lumia 800 in the fourth quarter of 2011.
Morgan Stanley reckons the market will start warming to Nokia's new smartphone line as the year progresses, momentum that will continue to drive sales upwards into 2013.
There's been a lot of debate about just how many Lumia 800 units Nokia has sold thus far, and the figure of one million probably falls somewhere in the middle of the spectrum.
That's certainly nothing to write home about given how much Nokia spent on marketing during the traditionally strong Christmas spending season, but Morgan Stanley reckons things will start picking up once further handsets are announced and Nokia expands into new markets.
The analyst firm predicts 37 million Nokia Windows Phones will ship in 2011, with the figure rising to 63 million in 2013.
And before Apple fans point out that the iPhone sells 35 million units every quarter, it's worth bearing in mind that success is relative at this stage of the game, and after the sales train smash that was 2011, Nokia will no doubt be quite happy to sell anything like 37 million smartphones this year.
Of course it always helps when you haven't written off the operating system on the phones you're trying to sell as being a burning platform no future...