Nokia (NOK) CEO Elop Says Supply Constraints Hit Lumia 920 Sales in Q4
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Nokia (NOK) Q4 Results Impress But Windows 8 Doubts Remain
January 11, 2013 8:54 AM ESTYesterday shares of beleaguered mobile handset maker Nokia (NYSE: NOK) screamed higher after it pre-announced better-than-expected fourth quarter results. Despite impressive results, not everyone is ready to get on the band wagon.
Analyst T. Michael Walkley of Canaccord Genuity is among those... More
Nokia (NOK) Executes Well in Q4, Shares Surge
January 10, 2013 3:35 PM ESTAfter getting bombed Wednesday on fears Apple would smear it in the low-end smartphone market, Nokia (NYSE: NOK) investors awoke to some blockbuster news - it is finally executing.
Shares of the beleaguered mobile handset maker surged nearly 20 percent after pre-announcing better-than-expected fourth quarter results.
Nokia said its Devices & Services unit has exceeded expectations and achieved underlying profitability in the quarter. Non-IFRS operating margin for the quarter is now expected to be between break even and positive 2 percent, versus its... More
Nokia (NOK) Issues Solid Prelim. Q4 Numbers; Sold 4.4M Lumia Handsets
January 10, 2013 8:10 AM ESTNokia (NYSE: NOK) provided preliminary information on certain aspects of its fourth quarter 2012 financial performance and also provided preliminary information on its outlook for the first quarter 2013.
Nokia now estimates that Devices & Services has exceeded expectations and achieved underlying profitability in the fourth quarter 2012.
- Mobile Phones business unit and Lumia portfolio delivered better than expected results; and
- Operating expenses were lower than expected.
- Devices & Services non-IFRS operating margin for the fourth quarter 2012 now expected to be between break even and positive 2 percent.
Seasonality and... More