Market Overview

Nokia Earnings - Quick Presentation Updates


Gross cash of EUR 9.5 billion and net cash of EUR 4.1 billion.

Nokia Siemens Networks would become a wholly owned subsidiary of Nokia.


HERE business exceeded expectations with 3.4% underlying profitability.

For NSN, expect the Q3 non-IFRS operating margin to be positive at 7%.

Lumia volumes grew to 7.4 million, the highest for any quarter so far demonstrating momentum for the ecosystem.

Lumia 520, most affordable Windows Phone 8 product has enjoyed a strong start in markets like China, France, India, Thailand, the UK, the United States of America and Vietnam.



The preceding article is from one of our external contributors. It does not represent the opinion of Benzinga and has not been edited.

Posted-In: Earnings News Markets


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