Close

Wells Fargo Comments on Nokia (NOK) Q2 Results

Go back to Wells Fargo Comments on Nokia (NOK) Q2 Results

Needham & Company Downgrades Nokia (NOK) to Hold

July 18, 2013 2:04 PM EDT

Needham & Company downgraded Nokia (NYSE: NOK) from Buy to Hold.

For an analyst ratings summary and ratings history on Nokia click here. For more ratings news on Nokia click here.

Shares of Nokia closed at $4.04 yesterday, with a 52 week range of $1.63-$4.90.... More

Nokia (NOK) Q2 Results 'Disappointing', Will be Buoyed by NSN - Evli

July 18, 2013 7:14 AM EDT

Nokia's (NYSE: NOK) second-quarter results did not live up to expectations, according to Finnish bank Evli.

Evli thinks Nokia shipped about 500,000 Lumia handsets in the U.S. during the most recent quarter, with overall shipments missing consensus views.

Nokia's... More

Nokia Corp. (NOK) Posts Break-Even Q2 Loss; 7.4M Lumia Handsets Shipped

July 18, 2013 7:08 AM EDT

Nokia Corp. (NYSE: NOK) reported Q2 non-IFRS loss of 0.00 per share, versus the analyst estimate calling for a loss of 0.02 per share and a loss of 0.08 per share reported in the same period last year. Revenue for the quarter came in at EUR5.67 billion, from 7.54 billion reported in the same period last year.

Mobile device volume was 61.1 million units with smartphone volume of 11.7 million units. About 7.4 million Lumia devices were shipped and 4.3 million Asha models were shipped. Devices & Services sales fell 32 percent to 2.72 billion with average sales price down 6 percent to... More