What is Digg?Sponsored by She's Out of My League
This "She's Out of My League" Trailer Is NSFW view!
GetYourRating.com - Exactly why you want to watch it, probably at work, hopefully while your boss is out sick...
119 Comments
- Trekhawk, on 04/16/2009, -1/+72It's almost like we're in a global recession or something.
- spegman, on 04/16/2009, -0/+48Here we go:
http://business.timesonline.co.uk/tol/business/ind ... - SnarfSnarf22, on 04/16/2009, -1/+38At least they still have profit, that's more than you can say about a lot of companies.
- GoKings, on 04/16/2009, -0/+34Profit is profit... I mean anyone that is still profiting in this economy should be happy. Many businesses are in the negatives.
- Dan6963, on 04/16/2009, -0/+26I think they need to be a bit more "N-Gaged" with their market!!!
- erikwithaknotac, on 04/16/2009, -0/+23This stock is waay up today!
http://www.google.com/finance?q=nok - sp89, on 04/16/2009, -0/+22When I read their net plunged, I thought the company's net worth dropped 90%.
- spegman, on 04/16/2009, -2/+17sorry - wsj decided it would be fun to block the article to only subscribers...I'll post the full when I can find it
- jason210, on 04/16/2009, -1/+16liar! you have ad block turned on.
- orthodoxDrew, on 04/16/2009, -1/+15i love my 6650. gladly paid $75 for it. Nokia is one of the better companies out there.
- erikwithaknotac, on 04/16/2009, -0/+11it's up 11% today
- zenerdiode, on 04/16/2009, -0/+11Ummm...Net PROFIT.
They're still making money on sales of 9.27 BILLION Euros.
Way to sensationalize the title. - jcsoc, on 04/16/2009, -0/+10my nokia 6800 is 6 years old and going strong
- hardeep1singh, on 04/16/2009, -0/+10American cellphone market is prehistoric as compared to the rest of the world. For you even a lame ass half featured iphone is cutting edge. Rest of the world is quite ahead, they buy stuff like Nokias with 5 megapixel cameras, DVD quality video recording, Real full desktop browsers with flash and other important stuff.
- borez, on 04/16/2009, -1/+10In the UK, most people have Nokia Phones, me included.
- Radan, on 04/16/2009, -0/+9Since people seems to be having troubles with the article, I'll go ahead and post the entire(?) thing here.
STOCKHOLM -- Nokia Corp. on Thursday reported a 90% drop in first-quarter profit, but the world's top cellphone maker said it saw signs of stabilizing demand in the slumping handset market.
Nokia said while it does see the first signs of stability in the mobile phone market, it is too early to say whether the fall in consumer demand has reached bottom.
"The market is no longer falling in a uncontrolled manner, I am encouraged by the signs of stabilization seen at the end of the first quarter," said Nokia Chief Executive Olli-Pekka Kallasvuo during a conference call.
Nokia said net profit in the three months ended March 31 plummeted to €122 million ($161.3 million) from €1.22 billion last year. Sales fell to €9.27 billion from €12.66 billion a year earlier.
Mobile-phone makers are still reeling from a sharp drop in consumer spending. Nokia said it sold 93.2 million handsets during the first quarter, down 19% from a year earlier and down 18% from the fourth quarter.
Nokia reiterated it expects 2009 industry mobile-device volumes to fall some 10% from 2008 levels, with most of the decline to happen in the first half of this year. It expects volumes in the second quarter to be flat or slightly up on the first quarter.
The company's first-quarter market share remained flat from the fourth quarter at 37%, in line with its outlook from January. Its average selling price slipped a bit to €65 from €71 last quarter.
Nokia shares have fallen 48% in the past year, bottoming out at a near 10-year low of €6.91 before rebounding sharply in the past month. Shares rose after the earnings announcement to trade about 10% higher early Thursday on the Nasdaq Stock Market.
Nokia said it gained smart-hone market share in the first quarter due to robust sales of its 5800 touch-screen device, the E71 business phone and the services that come with them.
Chief Financial Officer Rick Simonson said the company's smart-phone market share increased to 38% in the first quarter from 32% in the fourth quarter of last year.
Write to Adam Ewing at adam.ewing@dowjones.com - aTroll, on 04/16/2009, -0/+8members only? thanks but no thanks wsj.
Thanks for the second link. - dancecmdr, on 04/16/2009, -0/+8New N-series and E-series phones are always super hot in Europe and Asia. The reason why you don't hear too much buzz about Nokia phones in the states is that the major carriers only sell their low-end devices.
- dancecmdr, on 04/16/2009, -0/+8This is why I love Nokia phones- they're practically built to survive a nuclear holocaust. My 3600 is eight years old and still has better reception than my iPhone.
- robinthehood, on 04/16/2009, -0/+7Their stock is up because they've beat expectations, plus the fact that they are still a solid secure company and although profits are down they are still profits.
- inactive, on 04/16/2009, -1/+8The newspapers definitely need to update their business model (AGAIN)... The WSJ has a subscriber only section... so what do we do: find the information elsewhere for free.
If they had it for free in total on their website, I would have read it there, maybe clicked on an ad too. - Dankoozy, on 04/16/2009, -0/+7still not bad considering most companies these days are either dead or half dead
- pathouston22, on 04/16/2009, -0/+7I have a Nokia. Its a flip phone that is spring loaded, best feature ever. And most of it is fake rubber material - not plastic, so it doesn't scratch.
Best phone I've ever owned. - Novagenesis, on 04/16/2009, -1/+8The 90% number drop is misleading because it's profit. It's ugly, but not -as- ugly.
First quarter revenue was 9.3bil when it was 12.7bil last year.
That's a 27% fall in revenue. Fugly, but a lot better than a 30% fall would've been. - sensor, on 04/16/2009, -0/+7You bought some cheap phone and you judge the whole catalog of phones because of that?
- peteyb1313, on 04/16/2009, -0/+6oh ***** only $160 Million in profit, what ever will they do
- skbenja, on 04/16/2009, -1/+7N97.
- cocacolamandan, on 04/16/2009, -0/+6Nokia is still making money.
Profit = Revenue - Expenses
Positive profit means revenue exceeds expenses, which is good, especially in a bad economy. - borez, on 04/16/2009, -1/+6Signal?
- xutopia, on 04/16/2009, -0/+5Investors were expecting worse news than that.
- srujanlive, on 04/16/2009, -0/+5Yep. I try to remain clear of anything non-Nokia. I drop my phones a lot. Nokia never breaks easily. And I am so used to its interface.
- inactive, on 04/16/2009, -0/+5"Buy on rumor, sell on news". It cost me a lot of $$$ to learn this lesson.
- hardeep1singh, on 04/16/2009, -0/+4Don't go for tablets, get the real stuff like N86 8MP, N82 or the 5800. E71 is good too.
Oh wait I forgot, In America its the network that decides what phone you should use. - drn0iswatr, on 04/16/2009, -1/+5darn straight - I remember for the longest time they refused to make flip phones....get onboard w/ the rest of the world Nokia...
- stylizer, on 04/16/2009, -4/+8so happy I'm too poor to afford their stock :)
- borez, on 04/16/2009, -2/+6Maybe in America, but definitely not in the UK. It's been my brand of choice since the 90's, best phones out there.
- Pulz4r, on 04/16/2009, -1/+5Just because the US gets Nokias latest phones 6 months later than anyone else (N95 anyone?) doesn't mean they were late. Just means that Nokia doesn't think the US market is even near their top list =)
- rrife, on 04/16/2009, -0/+4Stocks are supposed to be a future investment...when you buy a share of a company, you're betting that the company will do better in the future than they are today. So you have to ask yourself, do you think Nokia will have another 90% drop in revenue? If not then buying a share of the company would be a wise investment.
- buckchoris, on 04/16/2009, -0/+4He is right I can only see about 60 words.
STOCKHOLM -- Nokia Corp. on Thursday reported a 90% drop in first-quarter profit, but the world's top cellphone maker said it saw signs of stabilizing demand in the slumping handset market.
Nokia said while it does see the first signs of stability in the mobile phone market, it is too early to say whether the fall in consumer demand has reached bottom.
"The market is no longer falling in a uncontrolled ...
Its says $1.99 for a week.
Subscribe to read full. - hardeep1singh, on 04/16/2009, -1/+5Heavy competition? Do you have any idea, how many cellphones Nokia sells in a month? Apple and RIMs whole cellphone business is not even a patch on Nokia's marketshare. Every single flagship phone N or E series phone have sold more than what iphone or a blackberry have sold till now.
- KSUdesigner, on 04/16/2009, -2/+6Except that's not my point. Just because he doesn't know anybody who buys them, doesn't mean nobody buys them. Unless of course he knows everybody in the world.
- inactive, on 04/16/2009, -1/+513 million iphones are not even a single digit percentage of the number phones nokia sells.
- inactive, on 04/16/2009, -1/+5thats only in america. they kick ass everywhere else. My E61 ***** all over the iphone (i own a ipod touch that i love). Great apps, opera mini and plays divx files. Too bad the american telcos ***** over this phone and caused the creation of the gimped E63.
- benologist, on 04/16/2009, -1/+4And it missed analyst's expectations, you say?
- srujanlive, on 04/16/2009, -0/+3It is not Nokia. It is the carriers who are at fault. Anyways E71x is coming soon.
- inactive, on 04/16/2009, -0/+3has just as much to do with the huge net they made last year than a drop this year.
- The_Dude, on 04/16/2009, -0/+3It's a little game that is played. The company tells analysts well in advance what they are expecting to earn---often they will give them a slightly lower number than what they think they'll earn--and then when they manage to beat that number the Street loves them and the stock rallys. Of course, since the smart money also knows it's a game, you'll sometimes see a nice sell-off the day after the rally. It depends how much the Street likes the stock.
- lintmonkey, on 04/16/2009, -0/+3It's just a flesh wound!
- Pulz4r, on 04/16/2009, -0/+3What do you mean was ? Nokia is the biggest mobile phone company in the world.
- Pulz4r, on 04/16/2009, -0/+3Hah, too bad for Americans :D
-
Show 51 - 100 of 121 discussions
