NOK was trading in the 7s then before it started to take a series of heavy hits, this was the catalyst for the decline.  IMO, the stock should be well above 7 today, but that is how this freaking market works. None of those declines made sense, folks in the Street know Suri will always under-promise.  IMO, if NOK delivers decent numbers for the past quarter, it should easily retake the 7 level.

Looking back at what Nokia stated when the Arbitration Results were announced on Feb 1st:

In the PR it stated:

" Following the award, as of the end of the fourth quarter 2015, the annualized net sales run rate for Nokia Technologies was approximately EUR 800 million."

Of course, know NOK says the run rate will be $950M which is what many analysts had been modeling for. Some outliers were at the $1.1B level.  I believe that after the Apple arbitration sometime next year, it should get there.

Link to the PR on Feb 1st:

company.nokia.com/en...logies