Nokia: Three Big Problems (Jean-Louis Gassée/Monday Note)

Jean-Louis Gassée / Monday Note:
Nokia: Three Big Problems  —  Nokia’s results for Q1 2012 are in: They’re not good.  (See the earnings release here, Management’s Conference Call presentation here.)  —  Compared to the same quarter last year, Nokia overall revenue is down 29%, to $ 9.7B.  And the company is now losing money, $ 1.8B, 18.5% of revenue.


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