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NOK
Nokia Corporation - NYSE

4/25/2014, 2:24 AM ET
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  • Nokia: Finding $0.40-3.70 Upside In The Black Box
    AtonRa Partners Wed, Apr. 23 71 Comments

    Summary

    • With the Microsoft deal now closing, investors will have the opportunity to focus on what really matters: cash returns and the group's new strategy.
    • We do not see real synergies between NSN, Advanced Technologies and HERE, and believe that NSN could be next on the disposal list.
    • We are confident in M&A-driven upside at NSN, but believe that most of the valuation upside lies within Advanced Tech., also called the "black box".
    • The business is undervalued, but could trade in line with either Qualcomm or ARM if Nokia makes a disclosure effort: we see a 5%+ to 50%+ rerating potential for Nokia.
  • Nokia Patents: A Big Business
    Adnan Riaz Tue, Apr. 22 44 Comments

    Summary

    • Nokia’s licensing revenue will increase this year.
    • Analysts are expecting an increase in Nokia’s royalty rate.
    • Nokia’s patent and R&D business will grow in the next five years.
  • The Nokia X Goads Google To Work On A $100 Nexus
    Alcaraz Research Sat, Apr. 19 36 Comments

    Summary

    • Google respects the threat poses by a non-Google Android phonefrom Nokia.
    • Microsoft should continue the Nokia X platform to continue bugging its main nemesis, Google.
    • Future Nokia X versions could also go $100 by using dirt-chip MediaTek Quadcore SoC.
  • Why Nokia Is Fairly Valued
    Valuentum Wed, Apr. 16 48 Comments

    Summary

    • Our mission is not to make a call on every company -- that's foolish, and we don't.
    • Nokia posts a Valuentum Buying Index score of 3 on our scale, and its shares are fairly valued.
    • Firms in our Best Ideas portfolio and Dividend Growth portfolio have much more attractive attributes.
  • Can Nokia Breach $8.50 Now That China Approved The D&S Sale To Microsoft?
    Alcaraz Research Thu, Apr. 10 52 Comments

    Summary

    • The market might give Nokia a nice upside run now that China approved the D&S deal. China authorities did not impair Nokia’s current patent licensing.
    • Retaining the goodwill of the Indian government insures Nokia and Microsoft doesn’t lose an important market for smartphones and tablets.
    • Nokia, with $7.2 billion in cash, can buy a controlling stake in BlackBerry. The 44,000 patents of BlackBerry can further increase Nokia's patent licensing income.
  • Nokia: 50 Million Windows Phone Sales Possible For 2014
    Alcaraz Research Mon, Apr. 7 59 Comments

    Summary

    • Cortana Virtual Assistant in Windows Phone 8.1 is a strong selling point for Lumia smartphones.
    • Free Windows Phone 8.1 makes Lumia phones more affordable. Last year’s 33.4 million Windows Phone sales hint indicates 50 million unit sales for this year is possible.
    • SensorCore SDK from Nokia makes Lumia phones desirable for health monitoring app users and developers.
  • 3 Nokia Phones That Can Steal Market Share From Samsung
    Alcaraz Research Thu, Apr. 3 21 Comments

    Summary

    • Despite the delay in its D&S deal with Microsoft, Nokia is still coming out with new Windows 8.1 phones. The more Lumia smartphones sold, the better for Nokia’s HERE Maps.
    • Microsoft’s decision to give away its operating system for gadgets with screen size of 9-inches and smaller, will inspire more OEM manufacturers to create more WP8 smartphones.
    • I still hope for a Lumia phone with integrated physical keyboard for the enterprise market. It is my strongest conviction that Nokia or Microsoft should stop imitating the iPhone.
  • Will Nokia Double Again?
    David Alton Clark Tue, Apr. 1 112 Comments

    Summary

    • The stock has more than doubled over the past 52 weeks by meeting turnaround goals.
    • The company continues to execute on the plan with the introduction of new products.
    • It is not out of the question the stock could double again, yet a 50% gain is more likely.
  • Nokia X Is Shaking Things Up A Bit
    Michael Blair Sun, Mar. 30 36 Comments

    Summary

    • Nokia X looks like Windows but runs Android OS.
    • Early indications from China and India suggest high demand.
    • Microsoft may be getting both more creative and more competitive in mobile.
    • Competitors should take notice.
  • Nokia: Yes To QWERTY Nokia X And Lumia Phones
    Alcaraz Research Sun, Mar. 30 62 Comments

    Summary

    • It will be better for Nokia to stop imitating the iPhone. Nokia will probably get more telco support if it offers high-ASP QWERTY phones.
    • Typing long emails or documents is still a daily task that corporate users do. Touchscreen typing is not yet as convenient and fast as typing on real physical keyboard buttons.
    • Nokia can keep its handset business while still pushing through with the € 1.65 billion licensing agreement with Microsoft.
  • Nokia: Opportunities And Issues
    IAEResearch Thu, Mar. 27 60 Comments

    Summary

    • Patents portfolio will slowly become a bigger contributor towards the revenues and cash flows.
    • Regulatory issues in China and India are having a negative impact on the current position of the company.
    • There is a substantial room for the company to monetize its patents portfolio.
  • Nokia X's 10 Million Pre-Orders Means Nokia Doesn't Need Microsoft
    Alcaraz Research Wed, Mar. 26 94 Comments

    Summary

    • Nokia can survive and flourish even if the Microsoft deal doesn’t materialize. It is Microsoft that’s desperate for Nokia’s D&S, not the other way around.
    • The early success of Nokia X in China is irrefutable evidence that Nokia can make its Devices & Software division profitable again.
    • More aggressive patent licensing and NSN LTE contracts should generate enough net income to offset early losses in Nokia’s Android smartphone venture.
  • Nokia - Will The Tables Ever Turn?
    Alpha Strategist Wed, Mar. 26 18 Comments

    Summary

    • The company is struggling aggressively to focus on its NSN business which is a core business for Nokia. The shifted focus has led to a number of divestments and investments.
    • If the company pays off the charges it will further deteriorate its cash to market cap ratio that is already less than half of its peers’.
    • While the company is making some great moves to reorganize its business and become more focused on its better manageable segment the dispute in India has turned the tables.
  • Nokia: A Buy, Hold Or Sell After Delayed Microsoft Deal?
    Achilles Research Tue, Mar. 25 24 Comments

    Summary

    • Investors shouldn't panic about the delayed D+S transaction.
    • It is very likely that D+S acquisition deal with Microsoft will go through.
    • Indian tax proceedings are likely to be resolved.
  • Nokia: The D&S Deal Is Not Endangered By Tax Dispute
    Alcaraz Research Sun, Mar. 23 60 Comments

    Summary

    • Despite the nuisance that the Indian tax people are giving Nokia, Microsoft will still buy D&S. A delay might be in order but the deal will still push through.
    • NOK’s recent drop is a new opportunity to buy more shares. NOK will likely rally after it gets the $7.2 billion from Microsoft.
    • Nokia can walk away with $750 million if the deal doesn’t push through. That's enough seed money to fund an aggressive push of its Nokia X Android phones.
  • Nokia Regains Its Mojo: Nokia X Gets 1 Million Pre-Orders In China
    Alcaraz Research Sat, Mar. 15 79 Comments

    Summary

    • Nokia’s controversial decision to release an entry-level Android OS handset receives warm approval in China.
    • Microsoft’s search, email, online storage, streaming music, and other cloud services benefit from low-ASP Nokia X sales.
    • Nokia X is not a reason for Microsoft to cancel its acquisition of D&S. Nadella should let it thrive alongside the Lumia WP8 platform.
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Company Description

Nokia Oyj manufactures mobile devices and provides mobile network equipment and software. Its three businesses are Devices & Services, HERE and Nokia Siemens Networks. It provides consumers with experiences in voice, video, gaming, navigation, and music.

Sector: Technology
Country: Finland