SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Pastimes : Dreamers' hideout -- Ignore unavailable to you. Want to Upgrade?


To: Lahcim Leinad who wrote (1484)1/10/2013 3:39:30 PM
From: niceguy767  Read Replies (2) | Respond to of 2222
 
Doesn't matter where Asha is from Q to Q. The upshot is that the Devices and Services division, rather than eating huge amounts of cashflow (as was the case in Q3) has become cashflow positive in Q4 as a direct result of a fantastic improvement in operating margin which stems from higher ASP's associated with the rich phone mix (primarily the result of smartphone ASP's) and increased cost efficiencies.

Who could have predicted that NOK's Devices and Services division in Q4, after such an abysmal Q3, would be cash positive?