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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But with record earnings (as is Microsoft's habit).
The loss is due to Balmer's foolish 6 billion dollar purchase of aQuantive 5 years ago, which resulted in zero. lol
But the loss doesn't reflect Microsoft's current state at all. I read Microsoft stock rose in after hours trading, because of the record earnings. The aQuantive write-off had already been announced, so nobody was surprised by it.

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