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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Member since:

Thanks! I found that the Wall Street Journal has that article:

Nokia's Red Ink Worsens

An image from the article:

And some words from the article:
"Nokia remains in a downward spiral"

Reply Parent Score: 2

ThomasFuhringer Member since:

What a great opportunity to go short I missed here!
I should have gone short the moment they announced Elop.

Reply Parent Score: 1