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Technology Stocks : Nokia (NOK)
NOK 6.530-0.2%3:59 PM EST
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To: niceguy767 who wrote (34463)9/1/2013 1:28:53 PM
From: sylvester80   of 34857
 
Nokia Lumia ASPs vs non-lumia ASPs mean jack squat because the costs are also much higher. What matters is the difference between costs and ASPs or gross margins. And with falling Lumia ASPs gross margins are getting smaller and smaller. If profitability continues to be elusive for Nokia do not expect Nokia PPS to have any reason to move up, and plenty of reasons to move down. The street loves margin expansion and top line growth. Nokia has neither at this time.
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