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@polo_011 | |
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Turns out Nokia doesnt have that large of a cash reserve after all, and due to the rate at which they are burning through it ,multiple credit rating agencies have downgraded their credit rating to junk or close to it making it even more costly for them to borrow money, them selling Vertu is not going to help much either as that is only going for 200million euro, they may have to sell their patents or even sell off their feature phone division.A french bank analyst said that... |
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@polo_011 | 18 May 12 |
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Nokia may have an issue just repaying its short-term 2014 bond: http://is.gd/SKVz4l
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@mtadao | 20 May 12 |
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poor nokia but at least they have a financial backer in microsoft for windows phones which are yet to have an impact
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@polo_011 | 20 May 12 |
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Its sad. This pushes further the speculation that MS may want to buy Nokia, with them needing to depend on MS more and more.
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@vicehybr | 21 May 12 |
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Eish nokia that's bad...Trevor Noah could make a better ceo the Elop.
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@fuel18 | 23 May 12 |
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If nokia only hug android.
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@gomario | 27 May 12 |
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Sony is going to have the same fate. Both are companies which have lived past their expiry date. Nokia market capitalization is around 120billion while Sony's has dropped to only 160Billion!
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@gomario | 27 May 12 |
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Is funny how both companies keep on talking about their 'strategic money reserves' :-) Sony is busy dismissing another 10.000 workers worldwide ! Is sad to see them like this but this is life . . .
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@polo_011 | 27 May 12 |
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It is indeed, and at this point, Apple, Google and Samsung are running the show. How the mighty have fallen.
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@c.k. | 28 May 12 |
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People are saying from years now that BB has gone almost bankdrupt, but it's still alive. In that context, Microsoft buying Nokia is just a silly speculation.
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@c.k. | 28 May 12 |
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@ polo_011 - 27.05.12 - 07:49pm It is indeed, and at this point, Apple, Google and Samsung are running the show. How the mighty have fallen. Not for so long, WP has started gaining momentum and the launch of Windows 8 will only help to build up a strong ecosystem. |
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@polo_011 | 28 May 12 |
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@ c.k. - 28.05.12 - 08:31pm People are saying from years now that BB has gone almost bankdrupt, but it's still alive. In that context, Microsoft buying Nokia is just a silly speculation. When did they say RIM was bankrupt??? RIM was doing well until last year, lol. You could've used Motorola...before Google bought them. Microsoft buying Nokia speculation is not silly at all, especially at this point where they are so dependant. You are right though, WP has picked up momentum...in the USA...with just the Lumia900...Nokia themselves noted that the bit of momentum has hardly helped. |
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@shane39 | 29 May 12 |
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Guys, Nokia is dead! killed by Android. lol
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@shane39 | 29 May 12 |
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learn to move on. i know i did
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@nazir81 | 2 June 12 |
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but why does nokia not move on to android/
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