Linked by Thom Holwerda on Thu 20th Jun 2013 18:29 UTC, submitted by MOS6510
PDAs, Cellphones, Wireless So, The Wall Street Journal is reporting that Microsoft was very close to take over Nokia, but that the talks eventually broke down, probably beyond repair - at least for now. The reasons the talks broke down illustrate something that I have repeatedly tried to make clear for a long time now: Nokia isn't doing well.
Thread beginning with comment 565256
To view parent comment, click here.
To read all comments associated with this story, please click here.
RE[4]: Just wait...
by cdude on Fri 21st Jun 2013 14:30 UTC in reply to "RE[3]: Just wait..."
Member since:

Let me know after Q2 where you'll put the goalposts next.

the Royal Bank of Canada has suggested, after worse than expected sales in Q2 2013. Lumia shipments haven’t met with Nokia’s predictions, the RBC claimed in a note to investors today

Reply Parent Score: 2

RE[5]: Just wait...
by Nelson on Sun 23rd Jun 2013 11:52 in reply to "RE[4]: Just wait..."
Nelson Member since:

When exactly is this profit warning coming? Because that was a month ago and it still hasn't come.

That was my whole point, I was well aware of that article and did indeed lend it some credibility..a month ago. We are now much closer to Q2 results and there has been no such warning.

Now I don't 100% preclude that from happening, and if they did stuff the channel last quarter we'll obviously see that in their Q2 report.

As it stands, Nokia has maybe 1 week or a week and a half to issue a profit warning. Q2 Report is July 19th.

Reply Parent Score: 3