Nokia (NOK) Shows Profit in Q4 on Back of NSN Joint Venture, ASPs - Analysts

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Nokia (NOK) Cuts Dividend, Battens-Down Hatches, and Ekes Out Q4 Profit

January 24, 2013 9:35 AM EST

Nokia (NYSE: NOK) reported strong fourth-quarter results earlier Thursday, though investors might be taking a little off the top following preliminary numbers released on January 10th. Since then, shares have risen over 23 percent.

In 2012 Nokias cash position declined by 1.2 billion to 4.4 billion, and in an effort to conserve cash the Finnish company today suspended its dividend for the first time in a more than a century.

In Q4 Nokia reported... More