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Technology Stocks : Nokia (NOK)

NOK 6.500

-0.1%

Jan 5 3:59 PM EST

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To: pyslent who wrote (34226)	8/21/2013 3:18:06 PM
From: niceguy767	of 34857

My bad. I keep typing $ rather than euros. Same argument remains. W8 volume increase in Q3, primarily fuelled by 520/521 but sum of 920, 925, 928 and 1020 will be greater than corresponding volume in Q2. Hence, nice little revenue increase for W8 phones in Q3 vis a vis Q2. Asha refresh will also help ASP in India. W8 revenues as percentage of total D&S revenues will increase in Q3 versus Q2. Also Asha rebound in Q3 will assist in raising ASP. The upshot of Q3 W8 and Asha phone growth is an overall increase in Q3 ASP from Q2's $44.58 euros. If we get a 10% volume bump as well to 65 - 70 million units, a test of $5 can't be ruled out!

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