Articles Posted in the " NOK " Category

  • Nokia: Slim Phones, Fatter Margins

    Nokia: Slim Phones, Fatter Margins

    Nokia (NYSE: NOK) announced that its average selling price (ASP) has increased in the first quarter from a projected 98 euros to 103 euros. This is great news for the company. Over the last several quarters, Nokia has demonstrated very high revenue growth, but its margins have taken a hit as lower-priced introductory cell phones in China and India reduced ASP and margins.

Signup for Free Articles