NOK beat bottom line expectations of E742M by delivering profits of E940M.  Top line revenues came in at E6.72B.  Gross margins improved on a sequentil basis, but were slightly lower on YoY basis.  It is still battling against tough YoY comparisons, I still expect mid year to be the inflection point as far as both profit and revenue increases on a sequentil basis. It is ahead of where I expected it, however. A good quarter, never the less, as Suri delivered on the guidance and it should continue to do so. This, even though there is still a battle with AAPL on patent royalties. I will be reading the CC Transcript later today and I will post what I believe to be the highlights. 

Institutional Holdings improved in the 4th quarter:

nasdaq.com/sy...ldings