Analysts Comment on Nokia's (NOK) Q3 Results: It Can't Get Much Worse
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Nokia (NOK) CEO Elop Welcomes Competition from Microsoft (MSFT) in Smartphones
October 18, 2012 10:37 AM EDTNokia (NYSE: NOK) shares are slumping on the session following third-quarter results issued earlier. (For more on the numbers, click here.)
One interesting... 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
