Nokia-Siemens Network (“NSN”) a 50-50 joint venture between Nokia Corporation (NOK) and Siemens AG (SI) was selected by M1, Singapore’s second-largest telecom carrier to expand the latter’s 3G network. This is second network upgrade deal for NSN within a fortnight after the company was selected by TIM Participacoes SA (TSU) to upgrade its existing 2G [...]
Lumia 920, the flagship device of Nokia Corporation (NOK), is leading the Windows OS (operating system)-based smartphone market, dethroning Lumia 800. According to media reports, premium Windows-based phones have gained popularity and have reached the top.
Per the report, Lumia 920 currently dominates 14% of the market but has a slender lead over Lumia 800. The [...]
Nokia-Siemens Network (‘NSN’) – a 50-50 joint venture between Nokia Corporation (NOK) and Siemens AG (SI) has started deploying LTE (Long Term Evolution) for Movistar Chile, a subsidiary of Spanish Telecom giant Telefonica SA (TEF).As part of the contract, NSN is rolling out a 4G LTE network in the 2.6 GHz frequency band for the [...]
We are upgrading our recommendation on Nokia Corp. (NOK) to Outperform based on the company’s fourth quarter of 2012 financial results, which significantly outpaced the Zacks Consensus Estimates.
Why the Upgrade
Nokia’s flagship Lumia series of smartphones received reasonable market traction in the lucrative North American region. Further, its mid-range Asha series of full touchscreen phones also [...]
Nokia Corporation (NOK) is all set to launch its latest Windows-based tablet during the early part of 2013. Launch of the tablet will put Nokia in direct competition with operating system (OS) partner Microsoft Corporation’s (MSFT) own Windows tablet – ‘Surface.’
The new 10.1 inch tablet – will be based on latest Windows RT platform, which [...]
Nokia Corporation (ADR) (NYSE:NOK) tablet may be launching sooner than you think. Recent reports indicate that the Windows RT based tablet will arrive in early 2013.
The Verge reports that the tablet will come with a battery-operated keyboard cover. This will enable the device to run as it's own auxiliary power supply. It will also feature [...]
Nokia Corporation (NYSE:NOK) shares are expected to see an increase in share price as demand for the Nokia Lumia continues to be strong. According to Rob Samson from The Economy News, Liberum Capital’s Eoin Lambe maintained his Buy rating on shares of Nokia Corporation (NYSE:NOK) (HEL:NOK1V) as the company overcomes its supply issues for the handset.
Liberum [...]
Apple Inc. (NASDAQ:AAPL) has been found guilty by a Delaware Court of infringing on three Sony (NYSE:SNE) and Nokia Corporation ADR (NYSE:NOK) patents for its iPhone.
MobileMedia Ideas LLC, a Sony-owned holding company, MPEG-LA and Nokia Corporation (NYSE:NOK) brought the case against Apple and on Thursday after a week-long trial, a federal jury found the company had misappropriated protected technology [...]
Nokia Corporation (NYSE:NOK) has announced that the class action lawsuit that had been filed against it over its Windows phones has been dismissed—and it didn’t even have to pay a dime.
The smartphone maker released a statement today that said the plaintiffs agreed to dismiss the case without any compensation to be paid to “any plaintiff [...]
Nokia Siemens Networks (NSN) – a 50-50 joint venture between Nokia Corporation (NOK) and Siemens AG (SI) has announced that it will be closing its plant in Bruchsal, Germany, latest by the end of 2013. Shutting down the plant is a part of the company’s cost cutting initiatives to trim down its heavy losses.
NSN declared [...]
After several difficult years as a drain on its parents, the joint venture Nokia Siemens Networks has been looking for strategic alternatives for some time. So it will come as no surprise that today they announced an agreement to sell the company's Optical Networks business unit. Marlin Equity Partners will be taking the division on [...]
Nokia Corporation (NYSE:NOK)'s latest generation of Lumia phones has been reported to be out of stock in major retail stores. The reports have associated the shortage of stock with overwhelming demand giving the company's stock a bonus outlook. Nokia struggles to return to profitability and is using all means possible to try and give its [...]
Continuing our coverage of hedge fund short positions in Europe, next up is Finland. New European rules are obliging hedge funds to disclose information about the most carefully guarded part of their business activities: short positions.
Since November 1st when the EU Regulation on short positions came into force, there has been a deluge of information from financial regulators in EU countries giving information on short positions across all market sectors.
Public disclosure is required...
Today is the day Nokia Corporation (NYSE:NOK) and HTC Corp (TPE:2498) are releasing their versions of the Windows 8 smartphone. The phones are now available through Verizon Communications Inc.(NYSE:VZ) and AT&T Inc. (NYSE:T), and next week T-Mobile will release their own device.
AT&T Inc. (NYSE:T) will sell HTC Corp (TPE:2498)'s Windows Phone 8X, as well as Nokia's [...]
After hosting investor meetings with Nokia Corporation (NYSE:NOK)'s CFO, Canaccord Genuity reports mixed news on the smart phone maker. Analysts from the financial firm say they feel that management at Nokia is executing a number of cost-cutting initiatives and is also improving visibility of its smart phones and NSN divisions in the market. However, they [...]
The ills of the once dominant Finnish mobile phone maker Nokia ADR (NYSE: NOK) are many and, to some extent, getting worse. The company may be at 'The Last Chance Saloon.' The bartender is Steve Ballmer of Microsoft (Nasdaq: MSFT). He is pouring Nokia not the Finnish traditional 'long drink', but what he hopes is a nice, smooth and profitable drink of Windows 8 for smartphones.
Windows 8 had better be all that Microsoft has promised for Nokia's sake. It sold fewer of its flagship Lumia...
As further proof of their decline in sales, Nokia Corporation (NYSE:NOK) is no longer listed in the Smartphone Top 5 list.
The list from IDC for third quarter sales shows that Samsung has the lead at number one, while Apple sits at number two. Research In Motion took the place of Nokia Corporation (NYSE:NOK) at number three, ZTE [...]
In a recent report compiled and published by Goldman Sachs, Nokia Corporation (NYSE:NOK) (BIT:NOK1V) has been portrayed as a sell. The report gives a sneak peek of Goldman Sachs’ meeting with Nokia’s CFO, during a CFO investors meeting in London. Goldman’s sell recommendation adds on to a series of past similar recommendations by the investment bank [...]
Nokia Corporation (NYSE:NOK)'s rating was downgraded from “market perform” to “underperform” by Tavis McCourt and Daniel Toomey, analysts at Raymond James Global Research, after the company announced its plan to offer convertible bonds to raise €750 million to boost its cash position.
In a research note to investors, McCourt and Toomey said the company’s convertible debt offering highlights [...]
As a part of its cost cutting initiative, Nokia Siemens Networks – a 50-50 joint venture between Nokia Corporation (NOK) and Siemens AG (SI) – has sold some of its internet protocol television (IPTV) assets to global consulting and outsourcing group Accenture Plc (ACN). The deal value was not disclosed.
IPTV transmits and broadcasts television and [...]
Nokia Corporation (NYSE:NOK) has one gem that Apple Inc. (NASDAQ:AAPL) doesn't have: a solid mapping application. Nokia is taking this as a golden opportunity to offer their maps as an alternative.
As of this year, Nokia Corporation (NYSE:NOK) has offered both iOS and Android users an application with voice-guided navigation, via the mobile internet. Nokia tooted their [...]
Google Inc. (NASDAQ:GOOG)'s Motorola Mobility has joined the bandwagon of companies that have come out strongly to criticize Apple Inc. (NASDAQ:AAPL)'s iOS 6 maps, as an attack on the new iPhone 5. The troubled Apple maps App has sparked criticism from industry rivals in recent times including Samsung Electronics Co. Ltd, and Nokia Corporation (NYSE:NOK), following [...]
Nokia Corporation (NYSE:NOK) has faced many different challenges in the past, but the company’s current situation is not ordinary. In fact, the majority of analysts believe the company is in deep financial trouble. Others suggested the possibility that Microsoft Corporation (NASDAQ:MSFT) would soon acquire the Finnish company.
The former world leader in mobile phone sales is [...]
[caption id="attachment_80088" align="aligncenter" width="652"] Image Courtesy: BGR[/caption]
The new Apple Maps application has become a laughingstock for many people in the last two days. The app was rolled out, along with iOS 6, just yesterday, and already the criticism is resounding down the cyber halls of Twitter and other social sites.
Nokia Corporation (NYSE:NOK) had already released [...]
Nokia Corporation (NYSE:NOK) is failing and they know it, but that doesn't mean that they're not going to go down without a fight.
On Thursday afternoon, Nokia Corporation (NYSE:NOK) posted something on their Conversations blog titled "Benchmarking Mobile Maps". Pino Bonetti from Nokia Maps takes the opportunity to compare their Ovi maps and their turn-by-turn directions with [...]
Nokia Corporation (NYSE:NOK) and their Windows-based Lumia smartphones are failing to make a splash in the smartphone market, and the now the company's chief executive officer, Steven Elop, is getting all the blame.
Over the last three quarters, Nokia Corporation (NYSE:NOK) has lost over $1 billion. The company still managed to ship 4 million Lumia smartphones, [...]
Nokia Corporation has been one of the best performing stocks recently. Since late July, shares of the ADR are up approximately 70%. Just when nearly everyone thought the company was dead, the stock has surged in value. Some analysts think that the stock has more room to move. From a quantative perspective, the stock is cheap [...]
In a last gasp attempt to stop its sliding market share Nokia Corporation (NOK) has unwrapped its latest Lumia offering, which runs on Microsoft Corporation’s (MSFT) Windows Phone8 software. However, the news failed to cheer the investor’s sentiment and consequently the share price plummeted almost 16% on September 5 to $2.38 on NASDAQ.
The company’s flagship [...]
We heard rumors of Amazon.com, Inc. (NASDAQ:AMZN) possibly teaming up with Nokia Corporation (NYSE:NOK) to offer GPS services in their Kindle line of tablets. Now, according to TNW, the rumors have proven to be true. Nokia Corporation (NYSE:NOK) and Amazon.com, Inc. (NASDAQ:AMZN) will be collaborating on the GPS technology, which will be based on Nokia's [...]
The Apple vs Samsung will not die down anytime soon, neither in the court, nor in the media. This time Samsung is attempting to hit a nerve with a witty advertisement that will be published in tomorrow's print media. The tone of the ad might come off as a little nagging to some, but it [...]
Pareto Securities Research believes that what Apple unveiled in the wake of its most awaited announcement on September 12, was not evolutionary enough, when compared to what competitors offer. The firm revealed on its Nokia news flash, reported by research analyst, Helena Nordman-Knutson, that the company's failure to offer LTE in the Nordic countries was likely to slice [...]
Nokia Corporation (NYSE:NOK)'s stock is continuing to rise. Despite the iPhone 5's debut, Nokia shares are up 18% in the past 5 days
[caption id="attachment_78503" align="aligncenter" width="678"] Image: Google Finance[/caption]
On Thursday morning, it was reported that Nokia started seeking buyers for their business support system. The company's chief executive officer explained that their company is seeing [...]
Yesterday, Apple finally announced the much awaited smartphone - the iPhone 5- that everyone was eagerly waiting for. The official event ended all the speculations and rumors about this device that we've been hearing from quite some time. Now it's time to compare Apple's flagship phone -iPhone 5 with Nokia's flagship phone - the Lumia [...]
Nokia Corporation (NYSE:NOK) wants to expand their offering of Windows-based smartphones. DigiTimes reports that Nokia could offer an entry-level phone that's marketed specifically towards consumers in growing markets. These phones may be released by the end of the year.
The requirements for the Windows Phone 8 are even stricter than all their predecessors. This phone includes a [...]
The fourth quarter of 2012 will bring Europe a new generation of LTE smartphones from Nokia Corporation (NYSE:NOK) and Samsung Electronics Co., Ltd. (LON:BC94).
The new phones include the Samsung Galaxy S III, Lumia 820 and Lumia 920 by Nokia Corporation (NYSE:NOK). This is great news for Europe, as their selection of LTE based smartphones is far more limited than what's offered here in the United States.
On Tuesday morning,...
Instagram, the popular Android and iOS photo sharing app, will be made available on Microsoft Windows Phone soon, according to Tom Warren of The Verge. Sources familiar with the plans told Tom Warren that Instagram will be on the Windows Phone operating system as a standalone app in the fourth quarter of 2012, despite its recent [...]
Nokia Corporation (NYSE:NOK)'s new high-end smartphone on Windows Phone 8, Lumia 920, will now be launched in November, much unlike the expected launch in October, which was closer to the announcement date in September. A report from Deutsche Bank AG (ETR:DBK) (FRA:DBK) (NYSE:DB) consider the delay to be caused by some work still remaining for [...]
In what critics have deemed as bouts of desperation, Nokia Corporation (NYSE:NOK) has owned up to using tactful and unorthodox trickery in promoting its newly launched Lumia 920. This has compelled the company to initiate an internal ethics probe.
This new smartphone, which assumed the role of flagship device in the recent unveiling of Windows 8 [...]
Nokia released their new line of Lumia smartphones earlier this week, and the launch actually hurt them, as they withheld key details of where to get the new phones, and how much they would cost. Now, there's a new fact about the Lumia 920 PureView, brought to light by a report from SlashGear today, which [...]
Nokia Corporation (NYSE:NOK) is gearing up for another Lumia launch. They just introduced the Lumia 920 and it's reported to launch in stores sometime in November, though they did not give an exact date. This report comes from Reuters unnamed European carrier sources.
The Verge did a follow-up report from their own sources, saying that the Nokia [...]
Pareto Securities Equity Research foresees a tough third quarter for Nokia Corporation (NYSE:NOK), while the expectations for fourth quarter remain a big question mark. According to the report, the recent announcement of Nokia's two new smart phones Nokia Lumia 9 came short of expectations, and consequently, may not trigger any positive reaction based on the [...]
Yesterday could have been a big day following concurrent announcements on new smartphones by two major companies, Nokia Corporation (NYSE:NOK) and Motorola. However, it would seem as though these two company's had no game plan in mind coming into the launch, or either, that was their game plan.
Many people expected to hear some very important details regarding the [...]
Nokia Corporation (NYSE:NOK) unveiled its new line of Windows 8 Lumia smartphones yesterday, and in so doing, had hoped to show the world a new generation of smartphone technology. However, in the middle of all the specs and facts that Nokia released concerning its new Lumia 820 and Lumia 920 PureView phones, they chose to withhold [...]
Nokia Corporation (NYSE:NOK) and Microsoft Corporation (NASDAQ:MSFT) highlighted the improved camera features of the Windows Phone 8 during the join press event today in New York City.
Joe Belfiore, Microsoft’s corporate vice president introduced, not only the Nokia Lumia 920, but also the new and exciting camera functions of Windows Phone 8, which provides better and [...]
Disaster has once again reared its ugly head towards Nokia Corporation (NYSE:NOK). Contrary to expectations, the company’s stock has plunged more than 10 percent, despite the highly anticipated Nokia Lumia 920 launch that took place today. Apart from dipping in the potent American market, Nokia’s stock also took a nosedive in Finland, its home market.
In typical cases, [...]
Nokia Corporation (NYSE:NOK) got a new Lumia phone. Microsoft Corporation (NASDAQ:MSFT) just introduced the Lumia 820 in New York City.
This new phone, which runs on Windows 8, doesn't exactly have everything it's predecessor, the Lumia 900 had, but it's still a quality phone. This model will feature a 4.3" screen, 1.5GHz dual-core S4 processor, 8GB [...]
As Nokia continues its battle against its smartphone competitors, the company has asked for some help from American icons on the app front.
It has connected with Walt Disney Company (NYSE:DIS) and DreamWorks Animation Skg Inc (NASDAQ:DWA) to take on its shortage of applications, which has it sitting behind Apple Inc. (NASDAQ:AAPL) and Google Inc (NASDAQ:GOOG). [...]
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