Nokia (NOK) Issues Solid Prelim. Q4 Numbers; Sold 4.4M Lumia Handsets

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Go back to Nokia (NOK) Issues Solid Prelim. Q4 Numbers; Sold 4.4M Lumia Handsets

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

SocGen Raises Nokia (NOK) Two Notches to Buy; Sees Improved Cash Flow, Strong Outlook

January 11, 2013 6:22 AM EST

Societe Generale raised Nokia (NYSE: NOK) two notches from Sell to Buy, raising its price target 178 percent from 1.80 up to 5.

SocGen said Nokia's cash flow likely showed a "substantial" improvement, which will garner the Company more time to improve its high-end offering.
... 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) CEO Elop Says Supply Constraints Hit Lumia 920 Sales in Q4

January 10, 2013 8:39 AM EST

Nokia Corp. (NYSE: NOK) CEO Steven Elop said supply constraints hit Lumia 920 in the fourth quarter. Elop is speaking on a company conference call today.

The company updated on quarterly results earlier. Click here for more color.... More

Nokia (NOK) Lumia Sales Raise Eyebrows, But Shares Surge +20%

January 10, 2013 8:21 AM EST

Nokia (NYSE: NOK) is surging 20% early on better-than-expected Q4 guidance, although some are now voicing worry about Lumia sales.

The company sold 4.4 million Lumia smartphones and 2.2 million Symbian smartphones in the quarter. This was light of some views.

NOK last traded at $4.61, up 23%.... More

Microsoft (MSFT) On Watch After Solid Nokia (NOK) Numbers

January 10, 2013 8:16 AM EST

Microsoft Corp (NASDAQ: MSFT) is on watch related to Nokia's (NYSE: NOK) better-than-expected Q4 numbers.

Nokia now estimates that Devices & Services has exceeded expectations and achieved underlying profitability in the fourth quarter 2012.

The company sold 4.4 million Nokia Lumia smartphones in the quarter.... More

Research In Motion (RIMM) Pops on Better Nokia (NOK) Outlook

January 10, 2013 8:12 AM EST

Research In Motion Ltd (NASDAQ: RIMM) seeing some action on Nokia's (NYSE: NOK) better-than-expected. Shares up 2.3%.

While the two are rivals and competing for the number 3 spot in smartphones, the rationale must be that if Nokia can turn it around in devices then BB10 will blow it out.... More

Nokia (NOK) exceeds previous Q4 2012 outlook for Devices & Services and Nokia Siemens Networks

January 10, 2013 8:07 AM EST

Nokia Corp. (NYSE: NOK) exceeds previous Q4 2012 outlook for Devices & Services and Nokia Siemens Networks.... More

Nokia (NOK) Sees Q4 Op. Margin Flat to +2%

January 10, 2013 8:04 AM EST

Nokia Corp. (NYSE: NOK) says Q4 handset non-IFRS operating margin will be breakeven to up 2 percent.... More