InterDigital Inc (IDCC)

[dmiller]

Buyout? Where do you come up with this stuff?

8:12 am Nokia: Sees Q4 exceeding previous forecast (NOK) : Nokia now estimates that Devices & Services has exceeded expectations and achieved underlying profitability in the fourth quarter 2012. Mobile Phones business unit and Lumia portfolio delivered better than expected results. Operating expenses were lower than expected. Devices & Services non-IFRS operating margin for the fourth quarter 2012 now expected to be between break even and positive 2 percent. Seasonality and competitive environment are expected to have a negative impact on the first quarter 2013 underlying profitability for Devices & Services, compared to the fourth quarter 2012. Nokia also estimates that Nokia Siemens Networks has exceeded expectations for the fourth quarter 2012. Nokia Siemens Networks non-IFRS operating margin for the fourth quarter 2012 now expected to be between 13 and 15 percent. Seasonality is expected to have a negative impact on the first quarter 2013 underlying profitability for Nokia Siemens Networks, compared to the fourth quarter 2012.