Stocks

Preliminary estimates by Nokia indicate that the Finnish phone giant's Q4 2012 financial performance has exceeded expectations in their Devices & Services division, thanks in large part to the success of their Lumia line of Windows Phone devices. Their estimates suggest that Nokia achieved what it calls "underlying profitability" in Q4. In a press release, CEO Steven Elop shared his thoughts on the news:

"We are pleased that Q4 2012 was a solid quarter where we exceeded expectations and delivered underlying profitability in Devices & Services and record underlying profitability in Nokia Siemens Networks. We focused on our priorities and as a result we sold a total of 14 million Asha smartphones and Lumia smartphones while managing our costs efficiently, and Nokia Siemens Networks delivered yet another very good quarter."

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If you follow the stock market, today was an interesting day to be a Nokia investor as the stock jumped over 12% to close at $3.31 a share. For the last 8 weeks, Nokia’s stock has been hovering around the $2.65 mark—sometimes going up slightly, sometimes going down—but always around that price point. But for the last few days, it’s been creeping up with a big explosion today, actually peaking at $3.40 before coming down slightly before the close of the market.

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E*Trade Mobile for Windows Phone is now available over in the Windows Phone Store to help you manage all your stock accounts while you are on the go. The official app for E*Trade offers real-time streaming quotes, the ability to place stock trades and manage your E*Trade account all from your Windows Phone.

Even if you don't have an E*Trade account, the app doesn't look too shabby of an option to keep up with the financial markets.

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Windows Phone Central and Stephen Elop at Nokia World 2011

Just when you thought the situation couldn't get any better for Nokia, or CEO Stephen Elop, some positive news has come out the HQ with Risto Siilasmaa, Nokia's recently appointed chairman, reaffirming faith in the Windows Phone strategy. The chairman also backed Elop's performance thus far.

"For the first time in the history of technology, the Windows Phone 8 operating system makes it possible for users to have the same experience on a PC, tablet or smartphone, and for many people on their televisions via their gaming consoles, and to do the same thing almost seamlessly from one screen to the next."

The switch of focus from the dwindling Symbian to Microsoft's new vision of the smartphone has been continuously questioned, but with the brand development the manufacturer has carried out with the Lumia line of Windows Phones, the future is looking at least slightly more bright. Siilasmaa commented on Elop's performance:

"Extremely analytical, critical, open and transparent."

Many would agree. What do you make of the performance of Nokia's CEO with the transition to Windows Phone?

Source: MarketWatch

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While the long term impact of Google's acquisition of Motorola (Googarola?) is still anyone's guess, one short term effect appears be to Microsoft and Nokia's benefit. Microsoft's stock rose 1.63% (up .41 points) and Nokia's stock rose 17.35% (up .93 points) in today's trading activity.

In comparison, Google's stock fell 1.16% (6.54 points) while Motorola Mobility's stock made the biggest jump at 55.78% (up 13.65 points).  We're pretty sure the jump with Motorola was due to the 63% premium Google paid for them but it is a little surprising to see Google sag. In addition, it's now been disclosed that Google has agreed to pay Motorola Mobility $2.5 billion if the deal doesn't go through, a figure that is six times the average according to Bloomberg.

Granted none of this could have a thing to do with the $12.5 Billion deal and the stock market these days may not be the best litmus test.  As crazy as Wall Street has been lately, tomorrow we may see completely opposite results. 

Still, it's nice to see Microsoft and Nokia stocks doing well.

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StockAlert Live! - Review

One of the nice features of Windows Phone 7 is the use of Live Tiles. They allow you to monitor key information from applications such as new messages, appointments, and weather updates.  Now you can track stock information with the Windows Phone application StockAlert Live.

Developed by Kabzara Software, allows you to track stock market activity at a glance with the Live Tile or you can open the full application for more detailed information on market activity and the stocks your interested in.

For more on StockALert Live and to see if the $.99 application is a worthy investment, follow the break.

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