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Analyst expectations for NOK, plus a little color on market share

Nokia Corp. (NOK) reports Jan. 24

Shares of the world's largest maker of cellphones have come off a 52-week high set in November after the company, which has seen competition pressure the average selling prices for its handsets, offered long-term profit-margin targets that disappointed some analysts. Still, the Finnish giant continues to gobble up market share as it taps burgeoning, high-volume markets such as India and China as well as demand for high-end phones that can browse the Internet, screen video and send email. Compared with the year-earlier quarter, Credit Suisse analysts expect a nearly 26% increase in Nokia's cellphone shipments. Meanwhile, the company is branching out into Internet services, such as music downloading and maps. The push has meant heavy spending and a company reorganization that carved out a new business unit.

EARNINGS: Analysts polled by Thomson Financial expect earnings of 43 European cents a share. Per-share profit in 2006's fourth quarter was 32 cents, or 30 cents excluding a tax refund and costs related to networks joint venture Nokia Siemens Networks.

REVENUE: Analysts expect 14.8 billion euros for the quarter, up from 11.7 billion euros a year earlier.

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(END) Dow Jones Newswires

January 14, 2008 16:10 ET (21:10 GMT)

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