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Nokia has some of its worse earnings, ever
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The following comments relate to this news article:

Nokia has some of its worse earnings, ever

article published on 19 April, 2012

Nokia warned two weeks ago that its quarterly earnings were going to be bad, and they certainly were today. For the Q1, Nokia posted a net loss of $1.2 billion on revenue of $9.72 billion. Revenue fell 30 percent year-over-year and the company had a profit of $451 million in the same quarter last year. Most harsh for the phone maker was smartphone sales, which dropped by 55 percent ... [ read the full article ]

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ChikaraNZ
Junior Member
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20. April 2012 @ 09:31 _ Link to this message    Send private message to this user   
"We exceeded expectations in markets including the United States"...
Hmmm, a $1.2bn loss - for a quarter - and that is better than they expected?
Wow.
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GernBlan
Junior Member
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20. April 2012 @ 12:57 _ Link to this message    Send private message to this user   
Nokia tried to do their own thing at a time when iOS and Android were simply better. The best thing they could do (if it's not already too late) is put out about 1/2 dozen Android phones...quickly...and quit focusing on Windows (which will always be a distant 3rd or 4th) and definitely stop the stupidity of a proprietary OS like they've been focusing on (and failing) for years.

They make good hardware, but they're glaringly missing an OS.
Digmen1
Newbie
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20. April 2012 @ 17:09 _ Link to this message    Send private message to this user   
Its amazing how companies can be at the top and then start to fall
Eg Nokia
Sony
Word Perfect
First Choice
MySpace
Motorola
lfcrule
Newbie
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23. April 2012 @ 05:59 _ Link to this message    Send private message to this user   
Hey Digmen1

When did First Choice start to fail ?
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Digmen1
Newbie
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23. April 2012 @ 14:01 _ Link to this message    Send private message to this user   
First Choice started to fail in the 1980's when Microsoft Office came out.
They had the low end office productivity software market tied up.
Then they just dissapeared.

This message has been edited since posting. Last time this message was edited on 23. April 2012 @ 14:02

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