Trefis Morning Coffee – Nokia, Qualcomm, Nike & BlackRock
Nokia’s (NYSE:NOK) earnings release last week gave us a look at management’s expectations regarding the agreement to adopt Microsoft’s (NASDAQ:MSFT) Windows Phone 7 for its smartphones. During the conference call, management indicated that the partnership with Microsoft is intended to reduce Nokia’s devices and services expenses by 1 billion Euros by 2013 from 5.65 billion Euros in 2010. Qualcomm (NASDAQ:QCOM) also released earnings last week, beating expectations. Qualcomm management increased its guidance for royalty rates and gave a positive outlook for handset average selling prices.
Think you know Nike (NYSE:NKE)? Take a crack at today’s quiz to find out which product line contributes most to the company’s stock value. And don’t hesitate to check out today’s free company model on BlackRock (NYSE:BLK).
Nokia – Company of the Day
Nokia recently announced its Q1 2011 earnings and provided some detail on its Microsoft partnership in which it will adopt Windows Phone 7 as the main operating system for its smartphones.
The company believes the agreement will bring about product differentiation and large cost savings.
See our complete analysis of Nokia stock
Qualcomm – Forecast of the Day
Qualcomm recently announced its fiscal year Q2 2011 earnings, in which it exceeded expectations. The company also increased its outlook for 2011 royalty rates after reaching a resolution in its dispute with Panasonic.
We previously highlighted royalty rates as a key area to watch in our Qualcomm earnings preview.
See our complete analysis of Qualcomm stock
Nike – Quiz of the Day
Which product segment contributes the most to Nike’s stock value?
BlackRock – Today’s Free Company Model
Get free access to BlackRock today only. This company’s model is usually only available for Trefis Pro subscribers.