More on Nokia (NOK) Q1: expects Devices & Services non-IFRS operating margin in Q2 to be -2%...

More on Nokia (NOK) Q1: expects Devices & Services non-IFRS operating margin in Q2 to be -2% plus or minus four percentage points. Also forecasts that quarterly increase in Lumia volumes will be higher than the 27% growth in Q1. (PR)

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Comments (9)
  • Origa
    , contributor
    Comments (622) | Send Message
    That is very nice, but it means nothing.


    When Elop dumped Symbian, the customers went to android and how is he going to change that?
    18 Apr 2013, 07:12 AM Reply Like
  • css1971
    , contributor
    Comments (871) | Send Message
    People flip handsets at the drop of a hat. Symbian/Android/iOS/WP8 "ecosystems"... Almost totally irrelevant to all but a small percentage of phone users.
    18 Apr 2013, 08:44 AM Reply Like
  • scavok
    , contributor
    Comments (159) | Send Message
    How can they expect losses AND greater than 27% smartphone growth? Where is that money going?
    18 Apr 2013, 08:02 AM Reply Like
  • Andreas Hopf
    , contributor
    Comments (19382) | Send Message
    Production ramp up, new factory, marketing.
    18 Apr 2013, 08:18 AM Reply Like
  • Michael Blair
    , contributor
    Comments (5098) | Send Message
    Losses on feature phones eating up profits from Lumia line. But, it seems Nokia is headed for 25-30 million Lumia device sales this year (5.6 million Q1, greater than 27% growth Q2 in forecast, assume trend continues higher). If they can continue to build Lumia, the worst will be behind them by the fall or early winter.
    18 Apr 2013, 08:21 AM Reply Like
  • Chad Mansell
    , contributor
    Comments (63) | Send Message
    That is what people said last summer about this past winter/spring. Turns out Lumia's production was low. Where's the vision here? I want to hold on to my shares, but I keep getting slapped in the face. And, there is the whole "pending extinction" for PCs with Windows theory...
    18 Apr 2013, 12:22 PM Reply Like
  • Andreas Hopf
    , contributor
    Comments (19382) | Send Message
    The end of the PC is a story beaten to death. Look at Lenovo or Asus or even HP now. Look at how many PCs/laptops are still sold per year and will be for much time to come. Nobody I know in the tech business and their family members has replaced their PC/laptop for work or leisure 1:1 with a tablet, selling the PC/laptop after the tablet purchase. They are still bought as auxiliary devices to mobilise the computation and consumption experiences. I buy them, too.
    18 Apr 2013, 02:40 PM Reply Like
  • wigit5
    , contributor
    Comments (4365) | Send Message
    My brothers family was just talking about getting 2 new computers (one apple one PC for gaming)


    their only constraint is under employment currently... so its taking them a while to save up the money to commit to purchases.
    18 Apr 2013, 02:43 PM Reply Like
  • Andreas Hopf
    , contributor
    Comments (19382) | Send Message
    Yes, this proves the point Gartner and GfK have made repeatedly, but also the quality press, that as the middle classes in Europe and the Americas continue to be under financial strain since 2007, IT purchases above the price points of higher end mobile devices are often postponed and/or cancelled; hence the ongoing decline in PC/laptop sales.
    18 Apr 2013, 02:48 PM Reply Like
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