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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 (34473)	9/2/2013 12:11:22 AM
From: pyslent	Read Replies (2) of 34857

"Where do you get this stuff from. ASP`s and margins from Lumias are higher than non-lumias" You'd be surprised what you can learn from an earnings report. results.nokia.com SmartDevices had a gross margin of 21.1%, but benefited from a one time inventory related allowance of 20 EU. Net that out and GM for Smart Devices was 18.4% Mobile phones does have a lower ASP (substantially so), but runs at a GM of 19.5%. I would assume Lumia 520 in particular has a lower GM than the Smart Device average of 18.4%.

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