Seeking Alpha

Nokia (NOK +5.2%) has reached a deal with Oracle (ORCL) to have it mapping and location services...

Nokia (NOK +5.2%) has reached a deal with Oracle (ORCL) to have it mapping and location services integrated with Oracle's business apps and data. Similar deals could be on the way, as corporate apps become more consumer-oriented and migrate to mobile devices. Nokia's Location & Commerce unit posted 4% Y/Y revenue growth in Q2, even as the phone division saw a 26% drop. But it still makes up only 4% of sales. (other maps deals: I, II)
Comments (15)
  • Origa
    , contributor
    Comments (543) | Send Message
     
    We may beginning to the see the end of the negative view on Nok, as reported from the consensus from ft.com. http://on.ft.com/W89MNv

     

    Though mapping is not a big part of sales, it is growing and it shows that in this macro economic, that Nokia is selling even in its smallest department.

     

    When the Lumia 920 and 820, finally arrive in the stores, it would mean an end with the Osborne effect. The negative end, is coming to an end.
    1 Oct 2012, 10:45 AM Reply Like
  • DeepValueLover
    , contributor
    Comments (8526) | Send Message
     
    How much free cash flow does the mapping division deliver to Nokia shareholders?
    1 Oct 2012, 10:58 AM Reply Like
  • kmi
    , contributor
    Comments (4024) | Send Message
     
    I think the maps division generates 100m euros per quarter, source from this article:

     

    http://engt.co/PS4Zxt
    1 Oct 2012, 12:59 PM Reply Like
  • DeepValueLover
    , contributor
    Comments (8526) | Send Message
     
    Thanks.

     

    Nokia should just get out of the phone business and just grow the navigation and patent harvesting parts of their business.

     

    Trying to compete against Apple and Samsung while presenting some of the world's WORST marketing is KILLING this company!
    1 Oct 2012, 06:09 PM Reply Like
  • gromanch
    , contributor
    Comment (1) | Send Message
     
    Seems like a good way to move forward for Nokia!
    I really wish them good luck!
    1 Oct 2012, 10:59 AM Reply Like
  • lacus1212
    , contributor
    Comments (2) | Send Message
     
    >>...with Oracle
    And they should have gone with Oracle/Java instead of M$ (disregard the Oracle/Google cat-fight for a moment...). In fact NOK has had SDK for Java for a long time, I have no idea why they needed M$ at all. Of course I also don't understand why M$ wanted to buy NOK either :-(
    1 Oct 2012, 11:13 AM Reply Like
  • wigit5
    , contributor
    Comments (4063) | Send Message
     
    MSFT want's to buy NOK lacus1212??? Where is the link to disclosure?
    1 Oct 2012, 11:44 AM Reply Like
  • Abrane
    , contributor
    Comments (58) | Send Message
     
    There was a time when that was disucussed, but instead they partnered up and are now doing this Windows Phone launch. And it was actually discussed, ignoring the rumors months ago.
    1 Oct 2012, 11:53 AM Reply Like
  • techy46
    , contributor
    Comments (6058) | Send Message
     
    MSFT never wanted to buy Nokia but there were rumors it might be option if Nokia had more difficulties. More likely MSFT is giving them more support via transition agreement then is publicly know. MSFT plus NOK is a perfect match for a mobile ecosystem ala AAPL's maps fiasco. It would be a hoot if AAPL signed on for Nokia maps.
    1 Oct 2012, 03:16 PM Reply Like
  • Abrane
    , contributor
    Comments (58) | Send Message
     
    Could have sworn an article back in '11 stated something about buying NOK turning to a partnership.

     

    Either way AAPL may burn some cash before they buy into NOK maps. It be like AAPL going to big brother for help again.
    1 Oct 2012, 03:29 PM Reply Like
  • WhatdoIknow1
    , contributor
    Comments (660) | Send Message
     
    All the downgrades speculate that the future will be bad but all the real news has been good. So what are you going to believe? Their lying lips or your lying eyes.

     

    Long Nokia
    1 Oct 2012, 11:57 AM Reply Like
  • lacus1212
    , contributor
    Comments (2) | Send Message
     
    Not any more, but some links:
    http://bit.ly/W8u7SR
    :-)
    1 Oct 2012, 11:57 AM Reply Like
  • alphaRAJU
    , contributor
    Comments (432) | Send Message
     
    I've been using the Nokia Lumia 900 since April, when it came out. I love the hardware, software, sounds great, the updates were awesome. I went to the store and looked at iphone 5 and Samsung Galaxy 111.....I don't see a wow factor in those phones. The analysts are just protecting the share holders.. I have a hunch that in 2017 when I turn 62, I'll be able to retire. Go Nokia!
    1 Oct 2012, 06:49 PM Reply Like
  • sreimer77
    , contributor
    Comments (239) | Send Message
     
    It is funny how analysts keep upping Apple's price target, while reducing NOK and RIMM's. Apple price target on average is now over a $1000, or a 50% increase which would make worth about a Trillion in market cap. If it does reach these levels, you know analysts will be changing their tune as other providers eat away at IOS user base. While Apple will always have its fanatics that will buy Apple at premium pricing no matter what, but the rest of us look for value in our expenditures. I read an interesting article about Apple users. It was in the WSJ, Orbitz tracked users of MAC products and found out that they spend 30% more on hotels then PC users (a good representation of the fact that Apple installed customer base fall into the 1% category). In a another study focused on tablets and Smart phones, it was discovered that people who have Apple products, Iphones/Ipad, tend to outspend those who have Android and Blackberry devices. While I knew this, it is interesting in that this trend will not continue. There is not enough disposable income to support the continuance of the Apple premium outside of the 1%. Only the top 1% of the Worlds population can really justify the expense (90% of the US population falls in this category). Since we are a nation based upon consumption, it is very easy to see why people are willing to fork over double the $ for the same hardware. However, this trend will not continue as the World is not so naive. In the Middle East bargaining is still a tradition and people will walk away from a good if the price is not flexible. In India, 99% of the population does not earn enough $ on a monthly basis to purchase an Ipad. So how will Apple be able justify premium pricing while still maintaining sales growth? Early adopters will always pay a premium, but we are now past that phase and Apple is not delivering any new groundbreaking products. If anyone is, it is Nokia and RIMM that are truly bringing the new technology to the market with their upcoming releases.
    2 Oct 2012, 08:38 AM Reply Like
  • SSGAJ
    , contributor
    Comments (140) | Send Message
     
    Possibly a play for Oracle to expand their business. Buy Nokia!!!
    2 Oct 2012, 07:20 PM Reply Like
DJIA (DIA) S&P 500 (SPY)
ETF Tools
Find the right ETFs for your portfolio:
Seeking Alpha's new ETF Hub
ETF Investment Guide:
Table of Contents | One Page Summary
Read about different ETF Asset Classes:
ETF Selector

Next headline on your portfolio:

|