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Nokia results: Lower losses with hopes pinned on Windows phonesFirstpost - Oct 21, 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 ... |
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Low End Mutes Nokia LossWall Street Journal - Christopher Lawton, Arild Moen - Oct 20, 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 ... |
Struggling Nokia posts third-quarter loss, tops analysts' forecastsOttawa Citizen - Oct 20, 2011Finland'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 high as 12 ... |
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Nokia rallies ahead of Windows modelsIndependent Online - Diana ben-Aaron - Oct 20, 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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Nokia posts Q3 net loss as handset sales drop 25pcThe Australian - Oct 20, 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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Nokia: RBC Sees Improving 'Placeholder'; Skeptics RemainBarron's (blog) - Tiernan Ray - Oct 20, 2011Shares of Nokia (NOK) are up 33 cents, or 5.3%, at $6.45, still holding some gains from this morning's better-than-expected Q3 report. Of course, today's report was just a prelude to the real event, which is next week, when the company ... |
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Tech wrap: Basic phones lift Nokia to profitReuters - Carla Tonelli - Oct 20, 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 ... |
Cheap Phones Set Weak Tone for NokiaWall Street Journal - Hester Plumridge - Oct 20, 2011It's a measure of how far expectations for Nokia have fallen. Investors in the Finnish telecoms group chose to ignore a second consecutive quarterly net loss and a 25% fall in handset sales and focus instead on progress cutting ... |
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Nokia Reports Lower-Than-Estimated Loss as Profit Forecast for Phone UnitBloomberg - Diana ben-Aaron - Oct 20, 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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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 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'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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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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NOKIA ANNOUNCES NET LOSS OF 68 MLN EURO IN Q3Agenzia Giornalistica Italia - Oct 20, 2011(AGI) Helsinki - The Finnish mobile giant Nokia announced a net loss of 68 million euro in Q3, less than the expected 229 million. Underlying profit was 1 cent per share, against an expected loss of a cent and one of 14 cents a year ago. ... |
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Nokia posts Q3 net loss of US$94 millionBusiness Times (subscription) - Oct 20, 2011HELSINKI - Finland's Nokia, struggling to maintain its place as the world's top mobile phone maker, on Thursday posted a third quarter loss of 68 million euros (US$94 million), far smaller than analyst expectations. The company saw its share price soar ... |
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Nokia swings to loss in quarterBBC News - Oct 20, 2011Mobile phone giant Nokia has said it made a loss in the third quarter as it continued to come under pressure from other phonemakers. It swung to a net loss of 151m euros (£132m) in the three months to September, from a 322m-euro profit in the same ... |
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Nokia Reports Smaller Loss as Sales Beat EstimatesBloomberg - Diana ben-Aaron - Oct 20, 2011A Vertu yellow gold Signature mobile handset is seen during assembly at Nokia Oyj's Vertu luxury phone division in Church Crookham, UK Nokia's stock has slumped 46 percent in the eight months. ... |
Nokia's Surprise Q3 ProfitsWall Street Daily - Oct 21, 2011The world's largest cellphone maker, Nokia, has reported a smaller-than -expected fall in third-quarter profits. Price cuts and new models lifted sales of its basic cellphones in key markets like India. Protecting its position in these types of markets ... |
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Nokia posts third-quarter lossAdelaide Now - Oct 21, 2011Nokia chief Stephen Elop, left, and Nokia chief development officer Kai Oistamo. Picture: AFP Source: AFP Finland's Nokia is struggling to hold its place as the world's top mobile phone maker. But it has posted a third-quarter loss of $92 million, ... |
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India a Bright Spot for NokiaLight Reading India - Oct 21, 2011Nokia Corp. (NYSE: NOK) might be struggling on the global stage, but its CEO is very pleased with the company's recent performance in India, with the launch of a number of dual-SIM devices being the catalyst. (See Nokia Reports Q3. ... |
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Nokia averts disaster in transition quarterRethink Wireless - Caroline Gabriel - Oct 21, 2011Apple and Nokia were both in product transition mode in the last quarter. While Apple disappointed analysts with what, by most standards, would have been a storming quarter, considering the lack of a new product, Nokia actually ... |
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Nokia surges after posting shock resultsCITY A.M. - Steve Dinneen - Oct 20, 2011NOKIA experienced a rare surge in its stock yesterday after it posted a far smaller loss than analysts had feared. The struggling Finnish manufacturer lost €68m (£59.5m), compared to a profit of €529m last year. However, it was a vast improvement on ... |
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"Nokia's N9: A Damaging Love-Hate Relationship"SmartHouse - Tony Ibrahim - Oct 20, 2011Nokia's N9 has a premium price tag and the potential to take on Apple and Google foes. Will its bet on the Linux-based MeeGo OS help it reclaim its lost market? For a while now Nokia phones have been known as many ... |
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Nokia Corporation (NOK) Quarterly Earning Beats the Estimate of AnalystsDice News - Oct 20, 2011Nokia Corporation (NOK), world's largest manufacturer of mobile phones reported a lesser than expected drop in its 3 rd quarter gains, bolstered by substantial sales of its simple cell phone devices. The company reported its 3 rd quarter underlying ... |
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