Basic phones lift Nokia to surprise Q3 profitStuff.co.nz - 21 Oct, 2011The world's largest cellphone maker Nokia reported a smaller than expected fall in third quarter profits as price cuts and new models lifted sales of its basic cellphones in key markets like India. Shares in Nokia jumped on the surprise profit number, ... |
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Nokia results: Lower losses with hopes pinned on Windows phonesFirstpost - 21 Oct, 2011Nokia's third quarter results were a glass half-full/glass half-empty affair on Thursday. With sales of 107 mn handsets beating forecasts and losses decreasing from €487 mn in the second quarter to just €71 mn in the third, things appear to be looking ... |
Results Beat Expectations at Ericsson and NokiaNew York Times - Kevin J. O'Brien - 21 Oct, 2011By KEVIN J. O'BRIEN Nokia and Ericsson reported better-than-expected financial results on Thursday, lifted by strong demand for cellphones and network gear in Asia, India and other emerging markets. Shares of Nokia rose more than 10 percent in Helsinki ... |
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Low End Mutes Nokia LossWall Street Journal - Christopher Lawton, Arild Moen - 21 Oct, 2011Nokia Corp. swung to a second successive net loss in the third quarter, but reported better-than-expected results thanks to higher sales of its low-end cell phones. Nokia CEO Stephen Elop said the phone maker ... |
Nokia rallies ahead of Windows modelsIndependent Online - Diana ben-Aaron - 21 Oct, 2011Nokia reported a smaller-than-estimated loss yesterday and forecast a profitable quarter for the handset business as the Finnish manufacturer prepares to introduce models based on Microsoft's software. The shares surged. The third-quarter net loss was ... |
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Struggling Nokia posts third-quarter loss, tops analysts' forecastsOttawa Citizen - 21 Oct, 2011HELSINKI " Finland's Nokia, struggling to hold its place as the world's top mobile phone maker, on Thursday posted a third-quarter loss of 68 million euros ($94 million US), far smaller than analysts expected. The company saw its share price soar as ... |
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Nokia dials up razor-thin operating profit despite sales slumpThe Guardian - 21 Oct, 2011This article was published on guardian.co.uk at 18.54 BST on Thursday 20 October 2011 . A version appeared on p31 of the Main section section of the Guardian on Friday 21 October 2011 . It was last modified at 00.07 BST on Friday 21 October 2011 . ... |
Nokia, Ericsson report encouraging earningsTODAYonline - 21 Oct, 2011by THE NEW YORK TIMES BERLIN - Nokia and Ericsson reported better-than-expected financial results yesterday, lifted by strong demand for mobile phones and network gear in Asia, India and other emerging markets as more consumers bought smartphones and ... |
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Nokia posts Q3 net loss as handset sales drop 25pcThe Australian - 21 Oct, 2011FINLAND'S Nokia, the world's largest mobile phone maker by volume, posted its second net loss in succession as handset sales slumped 25 per cent on year. The company posted a group net loss of 68 million euros ($94m) for the third quarter as sales ... |
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Struggling Nokia posts 3rd quarter lossSydney Morning Herald - 21 Oct, 2011Finland's Nokia, struggling to hold its place as the world's top mobile phone maker, has posted a third quarter loss of 68 million euros ($92 million), far smaller than analysts expected. The company saw its share price soar as high as 12 per cent on ... |
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Nokia Reports Lower-Than-Estimated Loss as Profit Forecast for Phone UnitBloomberg - Diana ben-Aaron - 21 Oct, 2011Nokia Oyj Chief Executive Officer Stephen Elop is set to introduce a smartphone line based on Microsoft's Windows Phone software at the Nokia World event in London next week. Nokia Oyj Chief Executive ... |
Nokia Reports Smaller Loss as Handset Sales Beat EstimatesSan Francisco Chronicle - Diana ben-Aaron - Oct 20, 2011Oct. 20 (Bloomberg) -- Nokia Oyj reported a smaller-than- estimated loss and forecast a profitable quarter for the handset business as the Finnish manufacturer prepares to introduce models based on Microsoft Corp.'s software. The shares surged. ... |
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Nokia's surprise profit lifts hopes worst is overTimes of India - Oct 20, 2011HELSINKI: The world's largest cellphone maker Nokia reported a smaller than expected fall in third-quarter profits as price cuts and new models lifted sales of its basic cellphones in key markets like India. The numbers sparked hopes that the ... |
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Summary Box: Nokia loss not as bad as fearedCBS News - Oct 20, 2011(AP) THE RESULTS: Nokia Corp. reported a third-quarter net loss of million ($94 million). Though that's a big reverse from last year's equivalent profit of � million, it represented an improvement on the second quarter's � million loss. ... |
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Nokia boosted by sales of cheap handsetsFinancial Times - Daniel Thomas - Oct 20, 2011Nokia's declining share of the smartphone market continued to weigh on its third-quarter revenues and operating profits in spite of a sharp upturn in sales among its cheaper ranges. The Finnish handset maker ... |
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Nokia loss not as bad as fearedCanadianBusiness.com - Oct 20, 2011By AP | October 20, 2011 HELSINKI (AP) " Nokia Corp. narrowed its losses by more than anticipated during the third quarter even though its smartphone sales continued to suffer in the face of stiff competition from Apple Inc.'s iPhone. ... |
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Nokia registers $151 million loss in Q3;handset sales slideEconomic Times - Oct 20, 2011HELSINKI/NEW DELHI: Nokia today reported a net loss of 151 million euros for the three months ended September 30, as a slump in sales of handsets and smart devices took a toll on the company. The world's largest cell phone maker, which has embarked on ... |
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Basic phones lift Nokia to surprise Q3 profitReuters Canada - Tarmo Virki - Oct 20, 2011HELSINKI (Reuters) - The world's largest cellphone maker Nokia reported a smaller than expected fall in third quarter profits as price cuts and new models lifted sales of its basic cellphones in key ... |
Cheaper Phones Cushion Nokia's Bottom LineForbes - Oct 20, 2011I've covered European business and technology news for Forbes since 2006, and as London bureau chief since 2008. I'm using this blog to explore some of the disruptive technology and ideas coming out of this region. Before all this I tracked the highs ... |
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Nokia Loss Not As Bad As FearedNPR - Oct 20, 2011by AP HELSINKI (AP) " Nokia Corp. narrowed its losses more than anticipated during the third quarter even though its smartphone sales continued to suffer in the face of stiff competition from Apple Inc.'s iPhone. Finland's biggest company reported a ... |
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Nokia posts surprise Q3 profitTimes of India - Oct 20, 2011AP | Oct 20, 2011, 04.43PM IST HELSINKI: Nokia Corp has reported a third-quarter net loss of (euro) 68 million ($94 million), as smartphone sales plunged 39 percent amid tight competition, but the figure was better than investors feared and shares in ... |
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Nokia Up 8%: Surprise Q3 Profit On Surge In Mobile UnitsBarron's (blog) - Tiernan Ray - Oct 20, 2011Shares of Nokia (NOK) were up 50 cents, or 8%, at $6.62, and were up as much as 10% earlier, in pre-market trading after the company this morning reported Q3 revenue and a surprise profit, boosted by a much-bigger-than-expected jump in ... |
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Basic phones lift Nokia to surprise profitReuters - Bob Strong, Terhi Kinnunen - Oct 20, 2011A corporate logo is displayed at the Nokia flagship store in Helsinki in this picture taken September 29, 2010. By Tarmo Virki, European Technology Correspondent HELSINKI (Reuters) - The world's largest cellphone maker Nokia reported a smaller than ... |
Nokia's Lazarus MomentWall Street Journal (blog) - Ian Edmondson - Oct 20, 2011Just when it looked like its life-support system was about to be switched off, Nokia's has a Lazarus moment and its punch-drunk shares spring back to life. Down by 45% since the now-infamous “Burning Platform” memo from CEO Stephen ... |
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Nokia Reports Smaller Loss as Handset Sales Beat EstimatesSan Francisco Chronicle - Diana ben-Aaron - Oct 20, 2011Jobs Threatened 'Thermonuclear War' on Google: AP Oct. 20 (Bloomberg) -- Nokia Oyj reported a smaller-than- estimated loss and forecast a profitable quarter for the handset business as the Finnish manufacturer prepares to introduce models based on ... |
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Nokia Reports Smaller Loss as Handset Sales Beat EstimatesSan Francisco Chronicle - Diana ben-Aaron - Oct 20, 2011Jobs Threatened 'Thermonuclear War' on Google: AP Oct. 20 (Bloomberg) -- Nokia Oyj reported a smaller-than- estimated loss and forecast the handset business to be profitable this quarter as the Finnish manufacturer introduces models based on Microsoft ... |
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Nokia still in the red in Q3 sales bloodbathRegister - Kelly Fiveash - Oct 20, 2011Microsoft newlywed Nokia stayed in the red with an operating loss of €71m (£62m) in its third quarter ended 30 September 2011. That's a smaller figure than the company's Q2, when Nokia lost a gigantic €487m ... |
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Nokia's Price War Was Surprisingly EffectiveForbes - Oct 20, 2011Nokia's handset ASP tumbled to 51 euros in 3Q11 from 62 euros in 2Q11 " a massive average sales price decline to a level that is pretty amazingly low. But as a result, Nokia's phone volumes soared by a shocking 20% between 2Q11 and 3Q11 " a very ... |
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Nokia's quarter shows glimmer of light amid dark timesCNET - Stephen Shankland - Oct 20, 2011Better-than-expected phone sales during a difficult transition period helped Nokia report financial results today that surpassed analysts' predictions for the third quarter. ... |
Instant view: Nokia posts surprise Q3 profitReuters - Terhi Kinnunen, Paul Sandle - Oct 20, 2011HELSINKI (Reuters) - Nokia reported a smaller than expected fall in third quarter profits on Thursday, boosted by strong sales of simple cell phone models. Nokia reported third quarter underlying earnings per share of 0.03 euros, compared with a loss ... |
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