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April 19, 2012 8:00 am ET
Matt Shimao -
Stephen A. Elop - Chairman of Nokia Leadership Team, Chief Executive Officer, President and Director
Timo Ihamuotila - Chief Financial Officer, Executive Vice President, Member of Nokia Leadership Team and Chairman of Disclosure Committee
Stuart Jeffrey - Nomura Securities Co. Ltd., Research Division
T. Michael Walkley - Canaccord Genuity, Research Division
Sandeep Deshpande - JP Morgan Chase & Co, Research Division
Mark Sue - RBC Capital Markets, LLC, Research Division
Gareth Jenkins - UBS Investment Bank, Research Division
Jeffrey T. Kvaal - Barclays Capital, Research Division
Francois Meunier - Morgan Stanley, Research Division
Simon F. Schafer - Goldman Sachs Group Inc., Research Division
Zahid S. Hussein - Citigroup Inc, Research Division
Kulbinder Garcha - Crédit Suisse AG, Research Division
Tim Long - BMO Capital Markets U.S.
Kai Korschelt - Deutsche Bank AG, Research Division
Good morning. My name is Dennis, and I will be your conference operator today. At this time, I would like to welcome everyone to the Nokia First Quarter 2012 Earnings Conference Call. [Operator Instructions] I will now turn the call over to Mr. Matt Shimao, Head of Investor Relations. Sir, you may begin.
Ladies and gentlemen, welcome to Nokia’s First Quarter 2012 Conference Call. I am Matt Shimao, Head of Nokia Investor Relations. Stephen Elop, President and CEO of Nokia; and Timo Ihamuotila, CFO of Nokia, are here in Espoo with me today.
During this call, we'll be making forward-looking statements regarding the future business and financial performance of Nokia and its industry. These statements are predictions that involve risks and uncertainties. Actual results may therefore differ materially from the results we currently expect.