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


To: niceguy767 who wrote (34227)8/21/2013 3:27:29 PM
From: sylvester80  Read Replies (1) | Respond to of 34857
 
Say what? We are talking smartphones. If Nokia posts ASPs of 44.98 euros in Q3 for smartphones they are history. They posted ASP of 191 euros in Q1 and 157 euros in Q2. They are heading in the wrong direction. Lower ASPs and lower margins. That's recipe for loser companies. And that's probably why the stock is acting like it has and going nowhere. The NSN only put a bottom. But we'll stay in the bottom as long as Nokia keep posting losses for D&S with lower margins and lower ASPs. Margins should be expanding not contracting. Sheesh...