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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tylerdurden
Member since:
2009-03-17

Yet that is not what I asked.

ci·ta·tion /sīˈtāSHən/ Noun:
A quotation from or reference to a book, paper, or author, esp. in a scholarly work.

co·in·ci·dence /kōˈinsədəns/ Noun:
A remarkable concurrence of events or circumstances without apparent causal connection.

(in case the difference wasn't obvious)

Reply Parent Score: 1

B. Janssen Member since:
2006-10-11

Yet that is not what I asked.

ci·ta·tion /sīˈtāSHən/ Noun:
A quotation from or reference to a book, paper, or author, esp. in a scholarly work.

co·in·ci·dence /kōˈinsədəns/ Noun:
A remarkable concurrence of events or circumstances without apparent causal connection.

(in case the difference wasn't obvious)


You must have missed the part of the initial announcement of the Nokia-MS deal which said that MS will pay Nokia billions of $ over the next few years for development and marketing. Just search the internet for the Nokia-MS deal and you will have plenty of citations.

Reply Parent Score: 3

cdude Member since:
2008-09-21

Not exactly Elop announced that the deal with Microsoft is WORTH billions not that Microsoft gave them billions. There is a huge difference. Worth billions means Nokia had to contribute to that too while in the other case Nokia would get something rather then only giving.
Looking at the Nokia stock and Q1 and Q2 numbers Elop was correct. That deal was worth billions. Nokia lost billions (he never wrote that they would get them).

Edited 2012-07-23 09:57 UTC

Reply Parent Score: 2