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Technology Stocks : Nokia (NOK) -- Ignore unavailable to you. Want to Upgrade?

To: pyslent who wrote (34516)9/3/2013 1:15:36 AM
From: Jurgis Bekepuris  Read Replies (1) | Respond to of 34857
 
I wonder if we will ever know how poorly Nokia's Q3 was shaping up to be :)
You will kind of know, since NOK will have to report D&S results until the transfer in 2014. Of course, results will be affected by MSFT's acquisition and some accounting games will be played too. But if you will have time to dig through the Q3, you will kind of know. :)



To: pyslent who wrote (34516)9/3/2013 6:51:50 AM
From: sylvester80  Read Replies (1) | Respond to of 34857
 
Exactly! If that does not speak volumes about the D&S disaster for Q3, nothing does.



To: pyslent who wrote (34516)9/4/2013 10:01:07 AM
From: teevee  Respond to of 34857
 
That was an easy call as it was the "business like" decision for Nokia to make-buy out the remainder of the growing profitable business and sell the loser along with the debt to Microsoft.

On the other hand, the strategy of Microsoft is to make "Windows mobile" an add on to the Office suite and to the phones. The hardware will sell for cost or be a loss leader to protect Microsoft's flag ship business and market share from incursion from Google.


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