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Nokia Teleconference: Third-Quarter Profit and Outlook

Oct. 16 (Bloomberg) -- Jorma Ollila, chief executive of Nokia Oyj, speaks on a teleconference from Espoo, Finland, about the company's third-quarter profit reported today and the outlook for the handset and network units and market share. The world's largest maker of mobile phones said net income rose 35 percent in the quarter. Nokia's Ulla James also speaks.


02:07 Operator, James agenda, "safe harbor" statement
02:21 James: third-quarter earnings; meetings with investors
04:15 Ollila: third-quarter highlights, strategy, new structure
06:02 Ollila: performance of handset unit, outlook; market share
03:25 Ollila: performance of the networks division, outlook; 3G
01:23 Ollila: capital spending; cash flow; debt; share buyback
01:43 Ollila discusses the outlook for the fourth quarter.
06:04 Questions: Ollila on average selling price
01:40 Ollila: code division multiple access (CDMA) technology
02:38 Ollila: different network technologies; outlook
03:23 Ollila: code division multiple access (CDMA) technology
04:37 Ollila: costs; currency hedge and impact on profit
03:53 Ollila: costs and gross margin
06:13 Ollila: fourth-quarter margin forecast; phone shipments
02:36 Ollila: outlook for imaging services
03:00 Ollila: Nokia's markets in India and China
05:10 Ollila: third-generation sales; outlook for revenue
00:26 James: concluding remarks and "safe harbor" statement

Running time 60:56.

Last Updated: October 16, 2003 10:40 EDT