Linked by Thom Holwerda on Thu 19th Apr 2012 13:20 UTC
PDAs, Cellphones, Wireless Nokia's results for the first quarter are in... And it's grim. Very grim. We're looking at a net loss of EUR 929 million, an almost complete collapse compared to last year's EUR 344 million profit. It's also almost double the loss analysts expected. Revenue dropped by 29%, too.
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and here we go...
by arsipaani on Thu 19th Apr 2012 15:50 UTC
arsipaani
Member since:
2010-06-13

Nice work Elop....

Reply Score: 2

RE: and here we go...
by Sodki on Thu 19th Apr 2012 15:56 in reply to "and here we go..."
Sodki Member since:
2005-11-10

Nice work Elop....


Elop is going to make a personal fortune out of Nokia's ashes. He really is doing a good job, too bad it's not for Nokia.

Reply Parent Score: 7

RE[2]: and here we go...
by tonny on Thu 19th Apr 2012 16:06 in reply to "RE: and here we go..."
tonny Member since:
2011-12-22

Yeah. It's a shame. I really like Nokia for their built quality. But, as most old man (old company that too stubborn/proud to change), they think It's OK if they operate with their success formulae.. That outdated..

Reply Parent Score: 1

RE[2]: and here we go...
by Vanders on Thu 19th Apr 2012 16:31 in reply to "RE: and here we go..."
Vanders Member since:
2005-07-06

Elop is going to make a personal fortune out of Nokia's ashes.

Doesn't that depend on whether the share holders will be upset enough to get rid of him now?

Reply Parent Score: 2

RE[2]: and here we go...
by glarepate on Fri 20th Apr 2012 13:06 in reply to "RE: and here we go..."
glarepate Member since:
2006-01-04

His compensation is tied to the stock price.

But if I made as much as he does for failing I would still consider myself rich.

Reply Parent Score: 2