3 Ways Nokia Can Still Make Moneyhttp://www.fool.com/investing/general/2013/09/04/3-ways-nokia-can-still-make-money.aspx Chris Neiger
September 4, 2013
The Nokia (NYSE: NOK) we know today will be a drastically different company once its sale to Microsoft (NASDAQ: MSFT) goes through next year (pending regulatory approval). Its handset devices will be gone, but the Finnish company will still have three key areas it can profit from.
Finding a solution
NSN makes data and telecommunications equipment and is a "world specialist in mobile broadband" and No. 2 in LTE, according to Nokia. The Wall Street Journal reported recently that NSN made up 90% of Nokia's revenue in 2012, if you exclude the mobile phone division. Earlier this summer, the company purchased back the 50% stake Siemens AG had in NSN, so Nokia will enjoy all of the revenue going forward.
Mapping the here and now
Part of Microsoft's purchase of Nokia's devices is that the company will also license Nokia's maps for four years. Nokia said in a presentation that Microsoft will become one of the top three HERE customers and that, "This revenue stream will substantially replace the revenue stream HERE is currently receiving from Nokia's Devices & Services business internally."
That's good news for Nokia and its investors, considering that revenue from HERE was $307 million in the second quarter of this year. Just a week ago the company launched a new version