More on Nokia: Thanks partly to lower-than-expected opex and a €50M patent payment from RIM, Q4...

More on Nokia: Thanks partly to lower-than-expected opex and a €50M patent payment from RIM, Q4 Devices and Services operating margin now expected be 0%-2%, above guidance of -2% to -10%. Margin for seasonally weak Q1 seen at -6% to +2%. Nokia Siemens sales were €4B (+5% Y/Y) with an op. margin of 13%-15% (lifted by a €30M patent payment), above prior guidance of 4%-12%. Q1 op. margin expected to be -1% to +7%. (PR)

From other sites
Comments (5)
  • lost money
    , contributor
    Comments (258) | Send Message
    let the short die!
    10 Jan 2013, 09:42 AM Reply Like
  • DeepValueLover
    , contributor
    Comments (11220) | Send Message
    Margin improvement REALLY needs to accelerate but not too bad a quarter.


    With profitability comes less of an emphasis on debt management and more of a priority on share buybacks. I'd like to see NOK retire about 1/2 of the outstanding float by 2016.


    Nokia could do more to wring cash out of its patents but this is a good start. Maybe its time to renegotiate with Apple for a larger slice of the royalty pie?


    If Elop announced a sale of the low margin business what with the good sentiment here that could really bolster reserves going into 2014.
    10 Jan 2013, 10:08 AM Reply Like
  • anari.learner
    , contributor
    Comments (40) | Send Message
    The reports of my death have been greatly exaggerated.
    Mark Twain
    Nokia is here to stay.
    10 Jan 2013, 10:43 AM Reply Like
  • Cindywu1018
    , contributor
    Comments (139) | Send Message
    One minute ago I was thinking of adding more shares, upset by the 7% loss yesterday - an obvious WS manipulation, came the press release! I was too late.


    Home run! Long Nokia
    10 Jan 2013, 11:15 AM Reply Like
  • ted lujan
    , contributor
    Comments (1702) | Send Message
    Time for short covering??
    24 Jan 2013, 11:56 AM Reply Like
DJIA (DIA) S&P 500 (SPY)
ETF Screener: Search and filter by asset class, strategy, theme, performance, yield, and much more
ETF Performance: View ETF performance across key asset classes and investing themes
ETF Investing Guide: Learn how to build and manage a well-diversified, low cost ETF portfolio
ETF Selector: An explanation of how to select and use ETFs