Investors respond positively to Nokia’s growth ambitions in SEC filing


The US stock market has responded positively to Nokia’s 20-F SEC filing, where Nokia repeated their ambition to grow faster than the smartphone market, thereby gaining market share, and maintain an operating margin of 10% or more.

They also expected their Nokia Siemens joint venture to also have a 5-10% profit margin.

Nokia also re-iterated that they expected in the short term Microsoft’s platform support payments to exceed the minimum Windows Phone royalty payments the company will make to Microsoft.

Nokia’s shares have risen 3% earlier today, and is current hovering around 2% up on the day.

Via, thanks Tom for the tip.

Some links in the article may not be viewable as you are using an AdBlocker. Please add us to your whitelist to enable the website to function properly.