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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 EST

Yesterday 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 EST

After 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 EST

Nokia (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