Thread: Nokia Q4 results are out. Lost $ 1.4 Billion. Now what Nokia will do ???
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erendorn is offline erendorn
2012-01-30 , 13:58
Posts: 738 | Thanked: 983 times | Joined on Apr 2010 @ London
#77
Originally Posted by misterc View Post
i don't know where you learned math or accounting (if at all), but 250 M$ pampering versus 1400 M$ loss sounds like a pretty bad deal to me
YoY profits on smart devices is down 550MUSD (your numbers are almost a billon off and you talk about accounting??). Then, in these 550M, some of it
- is non related to WP (can't be bothered to find the 2010 res, but they were already down at least 200M, and nothing from symbian or harmattan would have changed that in 2011)
- is due to the lack of devices actually released in 2011
- does not count the 250MUSD of bribe for staying with MS.

As first point doesn't concern MS, second point is to be reduced next year, and third point comes every quarter, including the non-Q4 ones (less volumes), it actually looks like the number are not that far off. At least not a billion.