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


To: pyslent who wrote (34715)9/7/2013 9:54:22 AM
From: Road Walker2 Recommendations

Recommended By
Cautious_Optimist
zax

  Read Replies (2) | Respond to of 34857
 
Why would Nokia need to preserve cash so desperately?

They've said they didn't have the money to compete head on with deep pockets of Apple and Samsung. It's in Microsofts interested to get them competing now, rather than later. Nokia will be a better competitor before the sale goes through, which is good for them and good for MS.

"Desperation" it's not. It's hitting the ground running.



To: pyslent who wrote (34715)9/7/2013 11:33:07 AM
From: niceguy767  Respond to of 34857
 
Nokia has plenty of cash as will be seen when Q3 results are posted. D&S Q3 revenues will increase over Q2 and any Q3 loss will be within guidance range.