Thread: Let's talk Nokia stock!
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SamGan is offline SamGan
2012-04-21 , 07:02
Posts: 648 | Thanked: 650 times | Joined on Oct 2011
#750
Originally Posted by pycage View Post
If you're referring to the 1 billion $ bribe, well, that was burned within just one (!) quarter. WP has been nothing but a big loss for Nokia till now. But since it's the last remaining option on the table, Nokia has to eat it, or die trying.
Not actually. It is supposed to be paid by Microsoft over 4 quarters at US$250 million per quarter. The first bribe was paid in Q4 2011. The second should have just been paid. I take it that Nokia's mega losses are despite these payouts.