FROM ZACKS ARTICLE TODAY Nokia has provided a grim outlook for the third quarter of 2013 and has declared that its Devices & Services operating margin to be approximately negative 2%, plus or minus 4%.
I believe they will release the 3rd quarter results for the whole company of course, and then show what the same would be for the three BU's remaining after the sale of D&S. It will be interesting. We basically don't care about D&S any more, from a financial standpoint.
That's MSFT's problem now. I think having MSFT buy the handset business is a smart deal. They got the money to make it work long term. This article is not grim if true. The handset business is a work in progress, that's why they call it investing. I'm seriously thinking about buying some MSFT, hoping it will break out of the the last 10 yrs of nothing in its share price.
MSFT is up from a year ago, but I think it still has room to gain, just not as much as a year ago. I'm into MSFT my personal limit at this point.
The new Nokia clearly has room to run, and we wait for guidance/numbers on which we/the market can value NSN, HERE, patents/labs. There is good potential in all three segments (or four segments, if you want to count the lab separate from patents, and there is a good case for that).
I think there is a very good chance this goes appreciably higher in the next six months, with good potential beyond that.