Nokia Corp. (NOK) Message Board

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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: slacker711 who wrote (5046)	8/2/2007 8:54:15 AM
From: Eric L	Read Replies (2) of 9255

Device Margins and Royalties << 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. >> Not only was that a good question but not unexpectedly it was the 1st question asked in Q&A. I'll wait till I see the transcript to quote Rick's response. The short answer is that they are acruing royalties but probably at a lower level than what they have been paying in the past. If I had to guess, however, I'd guess that given the highly astute nature of Nokia fiscal accounting that it isn't much lower. Best, - Eric -

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