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News Breaks
January 10, 2013
08:14 EDTNOKNokia sees Q1 non-IFRS Devices & Services operating margin down 2%
Nokia expects its non-IFRS Devices & Services operating margin in Q1 to be approximately negative 2%, plus or minus four percentage points. This outlook is based on Nokia’s expectations regarding a number of factors, including: competitive industry dynamics continuing to negatively affect the Smart Devices and Mobile Phones business units; the first quarter being a seasonally weak quarter; consumer demand, particularly for our Lumia and Asha smartphones; continued ramp up for our new Lumia smartphones; expected cost reductions under Devices & Services’ restructuring program; and the macroeconomic environment. Nokia expects Location & Commerce non-IFRS operating margin in Q1 to be negative due to lower recognized revenue from internal sales. Nokia and Nokia Siemens Networks expect Nokia Siemens Networks non-IFRS operating margin in Q1 to be approximately positive 3%, plus or minus four percentage points.
News For NOK From The Last 14 Days
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October 23, 2014
09:04 EDTNOKOn The Fly: Pre-market Movers
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06:47 EDTNOKMicrosoft aims to ditch Nokia title from Lumia devices, Reuters says
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06:05 EDTNOKApple defeats GPNE civil patent suit, Re/code reports
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05:19 EDTNOKNokia reports Q3 Non-IFRS EPS EUR 0.09 vs. EUR 0.06 last year
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October 22, 2014
06:39 EDTNOKMicrosoft Lumia to replace Nokia brand, The Verge reports
Microsoft plans to make Microsoft Lumia the new brand name that takes the place of Nokia for the software maker, reports The Verge. Nokia still exists as a separate company without its phones business, focusing on mapping and network infrastructure. Reference Link
October 10, 2014
10:15 EDTNOKNokia, China Mobile sign framework agreement valued at $970M
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October 9, 2014
07:13 EDTNOKNokia reinstated with a Buy at BofA/Merrill

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