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


To: slacker711 who wrote (4415)11/28/2006 11:55:36 AM
From: Eric L  Respond to of 9255
 
UMTS (WCDMA) in 2007

<< Oops....I zoned out a bit during the answer to the question on WCDMA. Did they give a forecast for next year or any other interesting details? >>

You and me both. I don't think they gave a forecast but OPK commented that they would be doing their part to drive down the cost of UMTS devices ... which one would expect.

- Eric -



To: slacker711 who wrote (4415)11/29/2006 12:19:02 PM
From: Eric L  Respond to of 9255
 
Geoffrey Moore at Nokia World ...

He's speaking tomorrow on "Innovation in a World of Complexity" ...

Hopefully the various presentations from the multiple streams will be taped and archived.

OPK's opening Keynote can be accessed from the NokiaWorld 'Press Tab' ...

nokia.com

... but so far as I can determine that's all I can find to access at the moment.

- Eric -



To: slacker711 who wrote (4415)12/12/2006 10:34:11 AM
From: slacker711  Read Replies (1) | Respond to of 9255
 
UPDATE 1-RESEARCH ALERT-Oppenheimer cuts Nokia to 'neutral'
Tue Dec 12, 2006 10:19am ET

yahoo.reuters.com



NEW YORK, Dec 12 (Reuters) - Oppenheimer said on Tuesday it had downgraded Nokia (NOK1V.HE: Quote, Profile , Research) (NOK.N: Quote, Profile , Research) to "neutral" from "buy," a day after Nokia's biggest chip supplier, Texas Instruments Inc. (TXN.N: Quote, Profile , Research), cut its fourth-quarter forecasts.

Oppenheimer analyst Lawrence Harris cited TI's comment late on Monday that the wireless sector had slowed since it last provided financial forecasts in October.

"We believe that Texas Instruments' comments are reflective of both general industry trends and developments at Nokia," said Harris, who estimated in a note to clients that Nokia represents about 10 percent of TI's revenue.

TI, the biggest maker of chips for mobile phones, cut its fourth-quarter earnings and revenue forecasts, citing weakness in the wireless market, particularly for high-end phones with fast Web links.

Harris said Nokia, the world's biggest mobile phone maker ahead of Motorola Inc. (MOT.N: Quote, Profile , Research), could also lose market share in Europe to smaller rival Sony Ericsson in the current quarter, continuing a third-quarter trend.

The analyst also cut his price target and earnings estimate for Motorola, citing TI's comments. He estimated that the No. 2 mobile phone maker represents less than 10 percent of TI's revenue.

Harris cut his 2006 earnings estimate for Finland's Nokia to $1.21 per share from $1.22, and reduced his 2007 earnings view to $1.37 per share from $1.40.

He also said he expects Nokia's next key music and video cell phones -- the N75, aimed at the U.S. market, and the N95 -- to miss their original launch schedules.

Harris expects the N95 to be available in the second quarter instead of the first quarter, and N75 to go on sale in the first quarter instead of the 2006 fourth quarter.

Nokia disputed this. "The N75 is coming before the end of the year and the N95 in the first quarter. There are no changes," said Nokia spokesman Kari Tuutti.


Nokia's U.S. shares were down 14 cents at $20.37 in morning trade on the New York Stock Exchange. (Additional reporting by Tarmo Virki in London)

© Reuters 2006. All Rights Reserved