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NOK
Nokia Corporation

5/22/2012, 2:41 PM ET
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NOK Market Currents more »
  • Monday 12:43 PM Taiwan's MediaTek, long a top baseband chip supplier to Chinese and white-label OEMs, has landed 2G baseband chip orders from Nokia (NOK), Digitimes reports. This could be a negative from Broadcom (BRCM +2.5%) and STMicroelectronics (STM +3.5%), who have grown their baseband chip sales to Nokia as former top supplier Texas Instruments gradually exits the market.
    Comment!
    [Tech]
  • Friday 1:14 PM As Kantar Comtech reports Windows Phone is creating a foothold in the U.S. and Europe, Microsoft's (MSFT) China chief boasts the OS now claims 7% of the Chinese smartphone market, more than the 6% share he assigns to the iPhone. However, Canalys estimated the iPhone had 19% of the Chinese market in Q1, after Apple (AAPL) reported FQ2 Chinese sales tripled Y/Y. Sepeately, Lumia 900 (NOK) backer AT&T (T) predicts Windows 8 will give a lift to Windows Phone sales.
    1 Comment
    [Tech]
  • Friday 9:42 AM As revenue plunges and share losses mount, worries about Nokia's (NOK) cash burn are growing: the company has gone through $2.7B over the last 5 quarters, a rate that, if continued, would wipe out its $4.9B in remaining reserves in less than 2 years. Moreover, Nokia has €1.25B ($1.59B) in 5.5% bonds due in 2014. Liquidity fears have resulted in Nokia's credit rating being downgraded to junk, and its 5-year CDS spread widening to 749 bp.
    8 Comments
    [Tech]
  • Thursday 7:10 PM Nokia's (NOK) Lumia launches have allowed Windows Phone (MSFT) to claim 6% of the German smartphone market and 3%-4% of the U.S., British, French, and Italian markets, reports Kantar Comtech. Meanwhile, Android's (GOOG) share has surged 72% in Spain, 49% in Italy, and 62% in Germany, though its lead relative to the iPhone (AAPL) has narrowed in the U.S. and U.K. Symbian and the BlackBerry (RIMM) continue to bleed share.
    7 Comments
    [Tech]
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NOK Instablog posts more »
  • Stockdiagnostic Upgrades And Downgrades Hit 52 Week Highs And Lows
    Tue, May 15 • Thomas Renna • Comment!
  • Jim Cramer Six In Sixty - 5/14/12
    Mon, May 14 • Karin Hernandez • Comment!
  • Review Of Trefis Articles Past Two Weeks, Ending 11 May 2012
    Sat, May 12 • John Lounsbury • Comment!
  • The Nokia Report
    Wed, May 9 • llewelyn • 13 Comments
  • The Best Yielding Large Cap Technology Stocks
    Sat, May 5 • Dividend Sheet • Comment!
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Company Description
Currently, there's no company description for NOK.
Sector: Technology
Industry: Communication Equipment
Country: Finland