|Day's Range||6.15 - 6.23|
|52 Week Range||4.04 - 6.65|
|PE Ratio (TTM)||-48.44|
|Dividend & Yield||0.18 (2.90%)|
|1y Target Est||N/A|
Much before the advent of smartphones, handsets made by Nokia Oyj (ADR) (NYSE: NOK ) once ruled the roost in the mobile phone equipment market. Although lacking in appeal and aesthetics, the brand Nokia ...
Wells Fargo Securities The Radio Access Network equipment market continues to be challenged. Ericsson (ERIC) missed second-quarter revenue and took down its Radio Access Network (RAN) market outlook to high-single-digit declines in 2017 versus its prior outlook of down 2% to 6% (Nokia (NOK) sees the market down low single digits assuming constant exchange rates from November, Wells Fargo: down 4.7%, and Street: down 3.1%). While Ericsson doesn’t believe it is losing market share, its business continues to be impacted by competitive pressures, lower mobile investments (due to a mix of factors including customers facing macro pressures and a pause to 5G), and lower software spending trends.
Leaked images offer a clear shot of the new Nokia 8 with Zeiss optics.