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Los Angelas, CA -- (SBWIRE) -- 01/24/2013 -- Nokia Corporation (ADR) (NYSE:NOK) stock declined 10.13% to $4.17 after the company posted its quarterly earnings results today. The company reported $0.06 EPS for the quarter, meeting the consensus estimate of $0.06. The company had revenue of $8.04 billion for the quarter, compared to the consensus estimate of $10.55 billion.
How Should Investors React To NOK Now? Find Out Here
Apple Inc. (NASDAQ:AAPL) is the focal point of the day, as the shares are poised to drop close to 10% this morning and possibly drag the entire tech sector down with them. Last night, the iPad maker reported first-quarter net income of $13.81 per share, down 6 cents from the previous year. Revenue rose 18% to $54.51 billion. Results were mixed in terms of analysts' estimates, which had called for per-share earnings of $13.47 on $54.73 billion in revenue.
Will AAPL Extend Rally In The Coming Week? Find Out Here
Altera Corporation (NASDAQ:ALTR) have major declaration, as its shares dropped more than 6% in aftermarket trading after it posted a poorer than anticipated decrease in profit and revenue. The company generated $121M in the Q4, dropped 18% from approximately $147M a year before. Analysts polled by FactSet anticipated earnings of 39 cents a share.
What Are ALTR’s Charts Signaling For Traders? Find Out Here
Mellanox Technologies, Ltd. (NASDAQ:MLNX) reported Q4 EPS of $0.69, $0.04 better than the analyst estimate of $0.65. Revenue for the quarter came in at $122.1 million versus the consensus estimate of $120 million. Sees Q1 revs of $78 million to $83 million, with the consensus at $130.7 million.
Is MLNX a Solid Investment at These Levels? Find Out Here
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