It is not just the 920 that is why earnings should be a blow out
In 2012 Nokia was lowering guidance. There were 4 or 5 analyst following the stock (not many). It was well below the radar and everyone expected the mighty Apple to be emperor of the world. No one thought win phone would go anywhere. Were the analyst taking everythng that has happened into consideration and not looking for much from Nokia. Since then little Nokia has dethroned the mighty Apple has started selling phones like crazy and is still selling all the phones the original estimates were based on. Phones like the n8 that run Symbian that I gave workers in Nepal (between China & India). I offered them lumias they did not want them. They like the Symbian over there and it has a 12 mp camera. Lumias have 8mp. The phones they use are unlocked and they by a simm card. So be careful on these carrier #'s they do not account for all the unlocked phone Nok sells to foreign countries who use prepaid sims. It is more popular in developing countries to have those phones than plans. Nok still gets the $200.00, $300, $400, $600.00 for the unlocked phones. That is not even in the estimates. The lumia sales and win8 have been better than expected as confirmed by both the Verizon & Att CEO's this week. Do you really think the analysts last year where expecting this much out of Nokia. Think about it. Don't forget that msft invests billions and pays Nok the money for every Lumia sold with win8 regardless of carrier discount. So you have all the international Nok's selling and great sales of the lumia's. How can the earning not be blow out. Did the ATT & Verizon Ceo's lie this week? It appears Nokia is looking strong.
It does not matter that Tim Cook of Apple is in China pitching a phone that is not even in r&d. Steve jobs would have burned the midnight oil slept 2 hours a day and developed the phone to work and be compatable with China's largest carrier. Cook, takes off and says hey we are thinking about making this would you be interesed. #$%$, that is the complete opposite of a secretive Steve Jobs that made Apple Apple. WOWZEE!