Nokia (NOK) CEO Elop Welcomes Competition from Microsoft (MSFT) in Smartphones
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Microsoft (MSFT) Said to Be Testing New Smartphone; Still Debating Mass Production
November 2, 2012 8:42 AM EDTAnother Microsoft (Nasdaq: MSFT) smartphone rumor has 'surfaced' recently. (See what we did there?)
According to reports out late Thursday, Microsoft is testing the design with parts suppliers in Asia, but isn't sure whether or not the smartphone will go into mass... More
Nokia's (NOK) Lumia 920 Prices Favorably to Main Rivals; Shares Tick Higher
October 22, 2012 7:28 AM EDTChatter over pricing on Nokia's (NYSE: NOK) upcoming flagship smartphone is heating up today.
According to TheVerge, Best Buy (NYSE: BBY) has priced the Lumia 920 at $149.99 with two-year contract. The Lumia 920 will be available exclusively on... More
Analysts Comment on Nokia's (NOK) Q3 Results: It Can't Get Much Worse
October 19, 2012 12:37 PM EDTNokia Corp. (NYSE: NOK) shares are trading lower Friday following third-quarter results issued ahead of trading on Thursday morning as analysts continue to chime in on the numbers. The Finnish firm reported a non-IFRS loss of 0.07 per share versus consensus loss expectations of 0.08 per share. As expected Nokia's Devices & Services unit led the decline in top-line growth, with many consumers holding off on the purchase of a new Windows Phone due to WP7 devices not being able to upgrade to the latest WP8 version. Revs in D&S were 3.6 billion, missing many analysts lowered expectations.... More
Not the Prettiest, But Nokia (NOK) Edges Out Views in 'Transitional' Quarter
October 18, 2012 8:20 AM EDTNokia (NYSE: NOK) shares are higher in early trading Thursday following third-quarter results issued earlier.
To be sure, results weren't sterling. Revs fell from 8.98 billion last year down to 7.24 billion in the recent quarter. On a non-IFRS basis, Nokia reported a net loss of 0.07 per share, versus EPS of 0.03 reported for Q311.
Overall, the Street expected revs of 9.0 billion and a loss of 0.13 per share.... More
Nokia (NOK) Widens Q3 Loss on 56% Decline in Devices & Services Revs
October 18, 2012 6:31 AM EDTNokia Corp. ADS (NYSE: NOK) reported Q3 non-IFRS loss of 0.07 per share and reported loss of 0.26 per share. Last year's non-IFRS EPS was 0.03 while reported loss was 0.02 per share.
Group sales were 7.24 billion, from 8.98 billion the prior year.
Devices & Services sales fell 34 percent to 3.56 billion led by a 56 percent decline in Smart Device sales.
Mobile Volume... More
