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Technology Stocks : Nokia Corp. (NOK) -- Ignore unavailable to you. Want to Upgrade?


To: slacker711 who wrote (4277)10/19/2006 7:40:56 AM
From: Eric L  Respond to of 9255
 
Share Blow-Out & ASP Blow-Up

Well, they sure won the share game with unit sales up sequentially in every region ...

That could push global sell-in above 250 million units ...which is good for the sector.

So much for Moto's share gain claim.

Nokia Mobile Device Volume By Geographic Area

(million units) Q3 2006 Q3 2005 YoY Q2 2006 QoQ
Change Change
(%) (%)
Europe 24.8 22.3 11.2 21.1 17.5
Middle East & Africa 13.3 9.9 34.3 12.5 6.4
China 13.8 8.5 62.4 11.7 17.9
Asia-Pacific 20.9 12.6 65.9 18.8 11.2
North America 5.8 5.8 0.0 5.2 11.5
Latin America 9.9 7.5 32.0 9.1 8.8
Total 88.5 66.6 33.0 78.4 12.9

... But 93€ ($118) ASP? Ugh!

EPS of 21€ is a euro dollar shy. Hard to say how the market will react to this mixed bag.

* Nokia reports Q3 2006 net sales of EUR 10.1 billion and EPS of EUR 0.21

* Nokias device volumes grow 33% year on year to 88.5 million units

Restructuring costs in play.

CC should be interesting ...

- Eric -



To: slacker711 who wrote (4277)10/19/2006 8:09:58 AM
From: Eric L  Read Replies (1) | Respond to of 9255
 
CC in Progress: Presentation Slides Up

media.corporate-ir.net

Global view of WCDMA devices = 27 million up from 22 million.

Their view is 243 million unit sell-in (3 mil. higher than Moto and 2 mil. less than SE). It will definitely be higher but they legitimately should capture 35% -- highest since 2003. Heck of a recovery from H1 2004.

- Eric