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

To: sylvester80 who wrote (30542)	7/19/2012 7:56:38 AM
From: Road Walker	2 Recommendations Read Replies (2) \| Respond to of 34857

Called it? All I remember is a bunch of "POS" and Elop bashing. Did you trade the bottom? That's the real "call". ==== Nokia (NOK) Ekes Out Q2 Win, Reports Narrower than Expected Loss; Ships 4M Lumia Devices7:43 AM ET, 07/19/2012 - Street Insider Nokia (NYSE: NOK) shares are popping in pre-market action following release of its second-quarter 2012 report, which beat consensus expectations. Revenue at the Finnish mobile device giant fell 19 percent from 9.275 billion down to 7.542 billion. The Street called for revs of 7.58 billion. On non-IFRS basis, Nokia moved from net profit of 391 million to a loss of 327 million, or 0.08 per share. The Street was looking for a slightly wider loss of 0.09 per share. In its Devices & Services segment, Nokia reported a 26 percent decline in sales to 4.023 billion, with smart device sales clipped 34 percent. Shipments of the Lumia smartphone series totaled 4 million units in the quarter. Mobile device volume fell 11 percent while Smart Device sales volume dropped 39 percent. Average selling price (ASP) per device fell 23 percent to 48, with smart device ASP increasing 7 percent to 151. Also of note, Location & Commerce adjusted operating profit rose 486 percent to 41 million. Nokia Siemens adjusted operating profit fell 33 percent to 27 million. Shares of Nokia are indicated over 10 percent better in pre-market action.