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Nokia (NOK +6.1%) gives back some of its premarket gains as the Street digests its mixed Q2...

Nokia (NOK +6.1%) gives back some of its premarket gains as the Street digests its mixed Q2 data. Nokia's pre-subsidy Lumia ASP fell 15% Q/Q to €186 ($227), as it cuts prices to stoke demand. North American Lumia shipments only totaled 600K, in spite of AT&T's promotions. MKM remains bearish, asserting Nokia's €4.2B in net cash could be gone in 2 years. Q4/Q1 could be make-or-break time for Nokia, as it rolls out Windows Phone 8 models featuring its PureView camera tech.
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Comments (2)
  • Leont68
    , contributor
    Comments (1386) | Send Message
    nokia sells to carriers and companies and the lumias 900 has been selling out most places. Samsung, Apple , HTC all use units shipped. Nothing misleading about that. Btw nokia didnt sell only 330000 lumia 900 this quarter. Every phone gets a price reduction between 2 to 6 months, not just the lumia 900. And im not pulling this out of my behind.

    19 Jul 2012, 03:29 PM Reply Like
  • vagany
    , contributor
    Comments (36) | Send Message
    Next quarter will be on the positive side since there will be no dividend payouts. I think they did pretty good in the last quarter, considering that they are still in the middle of their restructuring


    7 years ahead of Apple, they had it all and they didn't act.



    Excellent interview with Elop:

    19 Jul 2012, 08:58 PM Reply Like
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