Linked by Thom Holwerda on Thu 19th Jul 2012 18:32 UTC
PDAs, Cellphones, Wireless Nokia just posted its quarterly results - including shipped devices - and it's not looking good. Massive losses, sales dropping, and no growth in Lumia sales in the US. The company is losing money hand-over-fist, and with Windows Phone 8 still months away, the company warns the next quarter will be just as bad.
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RE: free xboxes
by cdude on Fri 20th Jul 2012 20:27 UTC in reply to "free xboxes"
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It was a strategic present to win the us-market. Nokia was before not present in US and winning there would have given Elop at least one success-story. He failed even there, even with that present, even with a Microsoft product at Microsofts homeland, with the mobile gigant #1 in a mobile business and with a unique marketing offensive, partners like AT&T and T-Online and a product sold far below cost.

Elop once suceeded on something at least. He became CEO of the ex-mobile gigant #1. Its just that this one time everybody[1] would have been happy if he failed like he did afterwards all of the time. What an iron.

[1] Except Microsoft, Apple and Samsung which all profit from Elop mastering Nokia.

Edited 2012-07-20 20:45 UTC

Reply Parent Score: 1