Could Be a Great Year for RIM Shares
On Thursday, Nokia (NOK) put in a pre-earnings announcement for a good quarter, which is scheduled to be fully reported later this month. The company reported selling 4.4 million Lumia smartphones, 2.2 million Symbian smartphones, and 9.3 million Asha smartphones. Sales of low-end feature phones came to about 70 million units.
The big positive in this news is that Lumia sales have climbed. In the second and third quarters, the company respectively sold just 2.9 million and 4 million of these phones. It's hard to get excited about the Symbian sales, as this is a dead and declining platform. The Asha smartphones aren't really smartphones, and they too will probably be gone within a few quarters. ...517 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.
There’s no substitute for a trading floor to get great ideas, so Jim Cramer created a better one at Real Money and blogs there exclusively. We then added legendary hedge fund manager, Doug Kass, with his exclusive Daily Diary and best investing ideas. Staffed with more than 4 dozen investing pros, money managers, journalists and analysts, Real Money Pro gives you a flood of opinions, analysis and actionable trading advice found nowhere else, and allows you to interact directly with each expert.
Already a Subscriber? Please login.
