Nokia's CEO Discusses Q4 2012 Results - Earnings Call Transcript

Jan. 24, 2013 10:19 AM ETNokia Oyj (NOK)19 Comments
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Nokia Corporation (NYSE:NOK) Q4 2012 Earnings Call January 24, 2013 8:00 AM ET


Matt Shimao – Head of Nokia Investor Relations

Stephen A. Elop – Chairman of Nokia Leadership Team, Chief Executive Officer, President and Director

Timo Ihamuotila – Chief Financial Officer, Executive Vice President, Member of Nokia Leadership


Gareth Jenkins – UBS Investment Bank, Research Division

Stuart Jeffrey – Nomura Securities International, Inc.

Andrew Gardiner – Barclays Capital

Timothy Long – BMO Capital Markets U.S.

Simon Schafer – Goldman Sachs Group, Inc.

Francois Meunier – Morgan Stanley

Alexander Peterc – Exane BNP Paribas

Didier Scemama – Bank of America/Merrill Lynch

Sandeep S Deshpande – JPMorgan Cazenove

Pierre Ferragu – Bernstein Research

Michael Walkley – Canaccord Genuity

Kulbinder Garcha – Credit Suisse

Mark Sue – RBC Capital Markets


Good morning. My name is Brance, and I will be your conference operator today. At this time, I would like to welcome everyone to the Nokia Fourth Quarter 2012 and Full Year Conference Call. All lines have been placed on mute to prevent any background noise. After the speaker’s remarks, there will be a question-and-answer session. (Operator Instructions)

I would now like to turn the conference over to Matt Shimao, Head of Investor Relations. Sir, you may begin.

Matt Shimao

Ladies and gentlemen, welcome to Nokia’s fourth quarter and full year 2012 conference call. I am Matt Shimao, Head of Nokia Investor Relations. Stephen Elop, President and CEO of Nokia; and Timo Ihamuotila, CFO of Nokia are here in Espoo with me today.

During this call, we’ll be making forward-looking statements regarding the future business and financial performance of Nokia and its industry. These statements are predictions that involve risks and uncertainties. Actual results may, therefore, differ materially from the results we currently expect.

Factors that could cause such

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