Nokia stock prices forecast 2012

Nokia stock prices forecast 2012 : Nokia Corporation (Nokia) is engaged in the manufacturing of mobile devices and in converging Internet and communications industries. It has three segments: Devices & Services, NAVTEQ, and Nokia Siemens Networks. Devices & Services is responsible for developing and managing its portfolio of mobile devices, as well as designing and developing services, including applications and content. NAVTEQ is a provider of digital map information and related location-based content and services for automotive navigation systems and Internet-based mapping applications.

Nokia Siemens Networks provides mobile and fixed network infrastructure, communications and networks service platforms, as well as professional services, to operators and service providers. In October 2009, Nokia sold its Symbian Professional Services. In December 2009, Giesecke & Devrient acquired Venyon Oy. In April 2010, it acquired Novarra, Inc. and MetaCarta Inc.In September 2010, it acquired Motally, Inc.

Nokia Announces Windows 8 Tablet Will Be Released in June 2012 (NOK)
In June 2012, Nokia (NYSE:NOK) will release a Windows-8 based tablet (NASDAQ:MSFT), according to Paul Amsellen, the company's general manager in France. He revealed the tidbit in an interview with Les Echoes. Amsellem also told Les Echos that Nokia is preparing to develop its lineup of Windows Phone handsets, which currently consists of the Lumia 710 and Lumia 800. Both of those phones are available outside of the US already and will hit America sometime in 2012. Nokia (NYSE:NOK) has potential

Nokia Siemens Networks To Cut 17K Jobs By Year-End 2013
Nokia Siemens Networks, a joint venture between Nokia Corp. (NOK) and Siemens AG (SI), Wednesday reported launching a global restructuring programs which aims to trim adjusted annualized operating expenses and production overheads by 1 billion euros, and may see a loss of approximately 17 thousand jobs, by year-end 2013. As of November 1, 2011, the company's global workforce headcount was approximately 74,000.

Shares of Nokia traded down 7.64% during mid-day trading on Tuesday, hitting $5.56. Nokia has a 52 week low of $4.82 and a 52 week high of $11.75. The stock’s 50-day moving average is $6.40 and its 200-day moving average is $6.34. The company has a market cap of $20.628 billion and a price-to-earnings ratio of 24.77. For the latest updates on the stock market, visit Stock Market Today For the latest updates PRESS CTR + D or visit Stock Market news Today

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