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April 29, 2014
06:23 EDTNOKNokia reports interim Q1 non-IFRS EPS EUR 0.04 vs. EUR 0.01 last year
Reports interim Q1 revenue down 15% to EUR 2.7B. In Q1 2014, underlying operating profitability for Nokia's continuing operations increased to EUR 304M, or 11.4% of net sales, compared to EUR 254M, or 8.1% of net sales, in 1Q13. Networks achieved solid underlying operating profitability, with Q1 non-IFRS operating profit of EUR 216M, or 9.3% of net sales, compared to EUR 196M, or 7%, in 1Q13. This was primarily due to a higher gross margin which benefitted from a higher proportion of software sales, significant efficiency improvements in Global Services and a higher proportion of Mobile Broadband sales. HERE's external net sales were EUR 185M, an increase of 13% year-on-year, driven by strong sales to vehicle customers. Technologies entered in to an agreement with HTC, validating Nokia's implementation patents and enabling Technologies to focus on further licensing opportunities.
News For NOK From The Last 14 Days
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June 30, 2015
06:05 EDTNOKNokia inks four-year deal with Bharti Airtel India for 3G network rollout
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June 28, 2015
18:08 EDTNOKElliott takes roughly 1.3% stake in Alcatel-Lucent, FT says
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June 26, 2015
16:17 EDTNOKInterDigital: ITC to review RID involving Nokia and Microsoft
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05:51 EDTNOKFoxconn expects to be largest handset, tablet ODM/OEM in 2015, DigiTimes says
Foxconn Chairman Terry Guo said the company is set to be the largest OEM/ODM for handsets, tablets and desktops in 2015, reports DigiTimes. Guo added that Foxconn will establish component supply chains to increase its advantage over competitors. Reference Link
June 25, 2015
06:31 EDTNOKMicrosoft focusing on increasing smartphone sales in India, WSJ reports
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June 22, 2015
11:04 EDTNOKNokia says HERE expanding real-time traffic service to 50 countries
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07:17 EDTNOKRegulators to decide by July 27 on Nokia, Alcatel-Lucent deal, Reuters reports
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