Linked by Thom Holwerda on Thu 18th Apr 2013 11:21 UTC
PDAs, Cellphones, Wireless Nokia has posted its quarterly results for the first quarter of 2013, and just like the quarters that came before, there's not a whole lot of good news in there. The rise in Lumia sales still can't even dream of making up for the sales drop in Symbian phones, and when broken down in versions, the sales figures for Windows Phone 8 Lumias in particular are very disappointing. In North America, Nokia is getting slaughtered.
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RE[12]: Ehm
by tylerdurden on Fri 19th Apr 2013 17:27 UTC in reply to "RE[11]: Ehm"
Member since:

Funny thing, I don't think you understand what "word" means if you think "red herring" is one...

Again, nothing in your cut and paste contradicted what I wrote earlier. Good luck spinning these numbers out, you have your work cut out.


Reply Parent Score: 1

RE[13]: Ehm
by cdude on Sun 21st Apr 2013 12:08 in reply to "RE[12]: Ehm"
cdude Member since:

Beside that, its funny how Nelson continues to stat Nokia made profit this quarter when they in fact made $200 million lose, disappointed investors once more and stock went down future 11% as result.

Reply Parent Score: 1

RE[14]: Ehm
by Nelson on Sun 21st Apr 2013 15:40 in reply to "RE[13]: Ehm"
Nelson Member since:

Nokia posted a non-IFRS profit this quarter. If you don't know how to read an earnings report, please don't comment.

Reply Parent Score: 3

RE[13]: Ehm
by Nelson on Sun 21st Apr 2013 15:44 in reply to "RE[12]: Ehm"
Nelson Member since:

It isn't about contradiction, it's about giving context to the numbers. Trying to have a 1:1 YoY comparison to net sales when NSN has divested from a core market in the last year is foolish.

They've increased their margins while doing less, and contributed healthily to Nokia's cash position because they've been able to run in a much leaner fashion.

Again, things you'd get if you took more a cursory glance at the earnings report. The numbers are provided, and that's usually what catches headlines, but viewed within their proper context they tell a different story.

Nokia Siemens Network is, and has been for the last few quarters, contributing positively to Nokia's financial position. Your misleading, incorrect, and agenda driven attempt to discredit NSN notwithstanding.

Stating it is a red herring to paste in exactly why NSN net sales dropped, is only evidence of your fanatical point of view.

Reply Parent Score: 3