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Posts: 207 | Thanked: 552 times | Joined on Jul 2011
#1193
It's going to be interesting to see NOKIA's gross margin when the financials come out seeing as they were dumping 800s at less than cost at the start of the quarter. I wonder what proportion of the 4.4 million they represent.

They sold over 9 million Ashas though which is good news. I hope they're not going to classify those as smartphones this quarter so they can muddy the waters when it comes to their margin on smart devices.

Their cash position will also be interesting, especially as their credit rating is now junk. If they've got no cash and no credit they're going to be on a sticky wicket.