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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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July 24, 2014
11:55 EDTNOKNokia denied writ of mandamus in patent fight with InterDigital
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07:22 EDTNOKNokia sees 2014 non-IFRS operating margin at or slightly above range
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05:39 EDTNOKNokia reports Q2 Non-IFRS EPS EUR 0.06 vs. EUR 0.05 last year
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July 16, 2014
06:14 EDTNOKABI Research: More than 2B smartphones to ship in 2018, DigiTimes says
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