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[2]: Well...
by 1c3d0g on Fri 20th Jul 2012 00:42 UTC in reply to "RE: Well..."
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When it's a fraction of a percentage of what Android sells daily, I'm pretty confident that you have a serious problem on your hands. Unless of course you think the vast amounts of cash will help Nokia through these turbulent times.

In that case, I hope they'll survive, but most of the time it doesn't matter how much money you have, once the cash flow dies, the company goes down with it. Sooner or later all the cash WILL dry up, period.

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