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Technology Stocks : Nokia Corp. (NOK)
NOK 6.430+2.2%Jan 30 9:30 AM EST

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To: Eric L who wrote (5045)8/2/2007 7:34:06 AM
From: slacker711  Read Replies (2) of 9255
 
Sensational mobile device margins not seen for somtime.

All of the handset margin numbers are good, but the jump in the Enterprise margins was unbelievable....from -11.7% last quarter to 18.0% this quarter. Nokia has been trying to turn that division around for a long time and it looks like the E65 has done it.

Also interesting to see that the N95 has sold 1.5 million units its first full quarter of sales.

One thing I cant figure out is if they made a reserve for possible royalties to Qualcomm. The margin numbers become a bit less impressive if they have been boosted by not paying the 3.5% Q toll.

Slacker
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