Nokia offentliggører kvartalsrapport for 3. kvartal på torsdag

Nokia har oplevet et stort dyk i markedsværdien efter, at de missede den helt store smartphone revolution. Men efter Microsoft's køb af Nokia's mobilforretning, som forventes at være på plads i 2014, ser tingene anderledes ud for Nokia. Tilbage efter salget står Nokia bl.a. med mere end 30.000 forskellige patenter. 

Brian Colello, CPA 20/10/2014
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Den fulde analyse af Nokia kan læses her.

 

Bull og Bear scenarier for Nokia:

Bulls say

- Microsoft's acquisition of Nokia’s money-losing handset business boosted the firm's balance sheet and has enabled Nokia to resume cash distributions to shareholders.

- NSN has shown decent operating margin improvement in recent quarters, which bodes well for the company to succeed as a sustainable business.

- Nokia holds more than 30,000 patents and has built a small but growing and highly profitable wireless IP licensing business.

Bears say

- Nokia Solutions & Networks competes with several other large communications equipment makers, like Huawei and Ericsson.

- Nokia's HERE location services business has just started to become profitable, but larger players like Google appear to have stronger offerings and greater incentive to improve their mapping services.

- The biggest key to Nokia's future profitability may depend on growth from its IP licensing business, a relatively new venture for the firm.

 

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Om forfatteren

Brian Colello, CPA  Brian Colello, CPA is a senior stock analyst with Morningstar.

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