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Nokia burning through cash reserves, worrying analysts
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Nokia burning through cash reserves, worrying analysts

article published on 18 May, 2012

Serious questions raised about Nokia's future. The Finnish mobile phone giant has been working to try and stabilize its finances. Over its past five quarters, it has wiped out €2.1 billion (about $2.7 billion) of its cash reserves. In a couple of years, it may burn through its total €4.9 billion reserves, analysts warn. The cost of Nokia's debt has been rising, as questions ... [ read the full article ]

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ragde
Junior Member
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18. May 2012 @ 19:12 _ Link to this message    Send private message to this user   
They can fix that. Start making the best Android phone. That would start doing something on the market and on their bank.
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