Northern, WI  1/24/2013 (BasicsMedia) – Todays volume leaders is headed by the Nokia Corporation (NOK) who turned a fourth-quarter net profit of €202 million ($270 million) compared with a loss of $1 billion a year earlier. Today the company’s stock traded more than 136 million shares.

The Finnish company said Thursday that revenue dropped to €8 billion ($10.6 billion) from €10 billion as smartphone sales plunged 55 percent, and it gave a grim outlook, saying it would not pay a dividend for 2012 to save money.

Although the company swung into profit after a spell of six consecutive quarterly losses, markets were not convinced. Its share price plunged, closing down more than 5 percent at €3.30 on the Helsinki Stock Exchange.

Nokia said it sold 15.9 million smartphones in the period, down from 19.6 million a year earlier, including 4.4 million flagship Lumia phones. In comparison, rival Apple Inc. sold almost 48 million iPhones.

The former No. 1 cellphone maker said it expects operating margins in the first quarter to be “approximately negative 2 percent, plus or minus four percentage points,” citing increased competition and lower-than-expected demand for its Lumia handsets and cheaper Asha models, which have been popular in emerging markets.

Microsoft (MSFT)  is out ahead of their earnings report trading over 70 million shares so far today. The company reports earnings after the bell and investors are hoping the tech giant hasn’t overpromised. The stock has had a rough year, what with flagging Windows sales and all, but Microsoft is hoping to turn things around. And this may be its time to shine.

Windows sales have slowed for four straight quarters (year over year), but the advent of Windows 8 might offer the antidote to change that streak. Investors are hoping strong sales will offset an expected slump in PC sales, which have been hurt by the growing popularity of Appl’siPad.

Also working in Microsoft’s favor is Office — its bread and butter. That’s by and far Microsoft’s biggest profit (and revenue) driver. But with Office 2013 on the horizon, there is some concern about a slowdown ahead of the new version.

Last but not least we find Apple Inc. (AAPL) trading twice its normal daily average. We talked about the company in an earlier article today as the stock plunged the most it has in some two years after posting the slowest profit growth since 2003 and the weakest sales increase in 14 quarters, fueling concern that mounting costs and competition may curtail growth.

Disclaimer:  We have no position in any stock mentioned here.

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