Replies to post #119756 on InterDigital Inc (IDCC)

[laranger]

"Nokia said it sold 60.8 million phones in the period, up from 45.4 million a year ago.

Sales in China were up 76 percent, while

NORTH AMERICA remained Nokia's WEAKEST market, with a 22 percent drop in sales and 6 million phones sold."

[laranger]

Nokia will stop giving guidance in the future.

Well. . . .That's one way to avoid missing revenue and profit targets.

The increase in sales apparently came from discounting prices.

Similar increases may not be in the cards in 3Q, so it looks like Jorma is battening down the hatches.