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Nokia Corporation Message Board

  • markweber348 markweber348 Jul 16, 2013 9:43 PM Flag

    Q2-Q3 forcast

    As far as I understand it, NOK must warn if profits are much higher or lower than expected due to the law in Helsinki. Since there wasn't a warning, you can expect that earnings/revenue will be somewherer near the forcast, but that being said, consensus is -.03, a profit of .01 or .02 isn't out of the cards and the forcast for Q3 should be amazing w/ the 928, the 521's finally in stock at Wal Mart, the 1020's, the new Asha line w/ its new colors, the factory in Vietnam is ramping up production and now that they own all of NSN, the Q3 forcast (even though ELOP is conservative) should be above expectations. Also it doesn't hurt to have MSFT saying that they are interested in buying their devices division.

    Sentiment: Strong Buy

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