Monday, 23 July 2012

Nokia Review 2012 – Nokia sofar – Technology Times


NOKIA:  Nokia Store has just broken the 5 billion downloads landmark.  Nokia will share further details as quickly as possible.  It has been the presenting sponsor for KKR since IPL’s inception in 2008.Nokia will share further details as quickly as possible.  It will continue as the principal sponsor of the KKR team.  It has been the presenting sponsor for KKR since IPL’s inception in 2008.Nokia believes that our non-IFRS results provide meaningful supplemental information to both management and investors regarding Nokia'as underlying performance by excluding the above-described items that may not be indicative of Nokia's business operating results.  Nokia Siemens Networks is one of the leading global providers of telecommunications infrastructure hardware, software and services.  Nokia expects to continue to record taxes related to its Location & Commerce business at a 26% rate.

It will continue as the principal sponsor of the KKR team.  Nokia continues to target to reduce its Devices & Services non-IFRS operating expenses to an annualized run rate of approximately EUR 3. billion by the end of 2013.  Nokia Siemens Networks' non-IFRS research and development expenses decreased 6% year-on-year in the second quarter 2012 primarily due to structural cost savings.  Nokia Siemens Networks' non-IFRS administrative and general expenses decreased 20% year-on-year in the second quarter 2012 primarily due to structural cost savings.  Nokia Siemens Networks' non-IFRS other income and expense for the second quarter 2012 was an expense of EUR 25 million, compared to income of EUR 1 million in the second quarter 2011 and income of EUR 6 million in the first quarter 2012.  Nokia Siemens Networks also extended its comprehensive small cells portfolio with the launch of an enhanced range of microcell base stations and 3G Femto access points, and announced a US-based trial of its Hot Zone approach for increasing network capacity in the Chicago area.  Nokia Siemens Networks continues to target to reduce its non-IFRS annualized operating expenses and production overheads by EUR 1 billion by the end of 2013, compared to the end of 2011.  Nokia Siemens Networks completed the acquisition of Motorola Solutions' networks assets on April 30, 2011.  Nokia Siemens Networks' restructuring program, combined with the company's focus on improving its financial performance, is designed to enable the company to end 2012 with higher net cash than at the end of 2011.  Nokia also launched a non-LTE version of the Lumia 900 in other parts of the world during the second quarter.

Nokia announced that the Nokia Location Platform will be a central part of the Windows Phone 8 experience.  Nokia Siemens Networks also launched a new CDMA base station, bringing the benefits of its globally recognized Flexi Multiracial Base Station platform to CDMA operators whilst reducing base station operating costs by up to 70%, and with 4G upgrade capability underlining Nokia Siemens Networks' commitment to mobile broadband technology evolution.  Nokia believes that these non-IFRS financial measures provide meaningful supplemental information to both management and investors regarding Nokia's performance by excluding the above-described items that may not be indicative of Nokia's business operating results.  Nokia plans to accelerate and substantially deepen Devices & Services cost savings, consistent with its strategic focus.  Nokia resonates well there and the response from local consumers is likely to be positive".  Nokia Siemens Networks' non-IFRS sales and marketing expenses decreased 3% year-on-year in the first quarter 2012 primarily due to the lower net sales, partially offset by the addition of the sales and marketing operations related to the acquired Motorola Solutions networks assets.  Nokia Siemens Networks' non-IFRS administrative and general expenses increased 22% year-on-year in the first quarter 2012 primarily reflecting the addition of Motorola Solutions' network assets.  Nokia Reading makes it easier and faster to enjoy news, books, and audio books including an extensive catalogue of local language reading material and the ability to access content offline.  Nokia Drive also features a new dashboard that includes speed limit alerts and provides options between estimated time of arrival, time to destination and distance to destination.

Nokia is a global leader in mobile communications whose products have become an integral part of the lives of people around the world. Every day, more than 1.3 billion people use their Nokia to capture and share experiences, access information, find their way or simply to speak to one another.  The Nokia 808 Preview is the best cameraphone ever made.  Nokia will continue as the principal sponsor of the KKR team.  Nokia has been the presenting sponsor for KKR since IPL’s inception in 2008.  The Nokia 808 PureView also features exclusive Dolby Headphone technology, transforming stereo content into a personal surround sound experience over any headphones and Dolby Digital Plus for 5.1 channel surround sound playback.  The Nokia 808 PureView features a large, high-resolution 41 megapixel sensor and new pixel oversampling technology.  The Nokia Asha 311 has an estimated retail price of EUR 92.  Nokia Browser is the first of its kind to support web apps, and since the release of the SDK in 2011, developer support has continued to grow.  The Nokia 808 PureView has a whole review ahead and we don't think it's going to try and impress anyone, or make them change their mind. But you'd do well to pay attention.

The  Nokia 808 PureView  features a large, high-resolution 41 megapixel sensor with high-performance Carl Zeiss optics and new pixel oversampling technology.  The Nokia Asha 305 ,  Asha 306  and  Asha 311  offer a new, fully re-designed touch user interface, combining the proven ease-of-use from Nokia's heritage with digital design innovations specifically fit for the purpose.  The Nokia Asha 311  is a colourful, compact touch screen device that comes   with all the features you'd expect for a fun and easy mobile experience.  The Nokia Asha 311  also features a 3.2MP camera and pre-installed Nokia Maps, in addition to the 15 level pre-bundled version of Angry Birds.  The Nokia Asha 305  is a fun and entertaining Easy Swap dual SIM phone, helping users make the most of their phone while retaining control of their costs.  The Nokia Asha 306  is the sister device to the Nokia Asha 305.  The Nokia E72  has today received a new firmware update taking it up to  v54.005 .

If Nokia's estimated long-term tax rate of 26% had been applied, non-IFRS Nokia EPS would have been approximately 2.1 Euro cents higher in Q1 2012.  The Nokia Asha 311  also comes with 15 levels of Angry Birds pre-loaded onto the phone, perfect for making the most of the touchscreen and 1GHz processor.  Nokia's NAVTEQ is a leader in comprehensive digital mapping and navigation services, while Nokia Siemens Networks provides equipment, services and solutions for communications networks globally.


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