The Nokia Diet: shedding pounds and adding margin

The Nokia Diet: shedding pounds and adding margin
by Don Dingee on 04-18-2013 at 12:40 pm

I was trying to find the comment one of my counterparts here made eight months ago that given the cash burn rate, Nokia would be out of business in eight months, so I could gloat a bit. Bzzzzzzt – cash position actually increased in 1Q13. The numbers tell a painful story about a company on a difficult diet to survive, one that analysts… Read More