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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Thanks Mr Elop
by theuserbl on Thu 19th Jul 2012 19:59 UTC
theuserbl
Member since:
2006-01-10

Thanks Mr Elop, for destroying Nokia.
</irony>

http://communities-dominate.blogs.com/brands/2012/07/the-sun-tzu-of...

And the important graphic of the article:
http://www.telekom-presse.at/bilder/Ahonen-Nokia-2.jpg

Reply Score: 10

RE: Thanks Mr Elop for knocking down Nokia
by Nth_Man on Thu 19th Jul 2012 20:18 in reply to "Thanks Mr Elop"
Nth_Man Member since:
2010-05-16

Moody's downgrades Nokia to junk status
http://www.businessweek.com/ap/2012-06-15/moodys-downgrades-nokia-t...

Nokia's value, approaching zero. What a destruction, someone should be in jail
http://finance.yahoo.com/q/bc?s=NOK&t=2y&l=on&z=l&q=l&c=

Reply Parent Score: 10

RE: Thanks Mr Elop
by tomcat on Thu 19th Jul 2012 21:24 in reply to "Thanks Mr Elop"
tomcat Member since:
2006-01-06



Hilarious. For a company that's "junk", the stock is up 15 percent today.

Reply Parent Score: 2

RE[2]: Thanks Mr Elop
by joekiser on Fri 20th Jul 2012 02:31 in reply to "RE: Thanks Mr Elop"
joekiser Member since:
2005-06-30

Yes, junk stock prices typically jump when a buyout is looming.

Reply Parent Score: 6