maemo.org - Talk - View Single Post - Let's talk Nokia stock!

	ysss	2010-06-16 , 22:09
	Posts: 4,384 \| Thanked: 5,524 times \| Joined on Jul 2007 @ ˙ǝɹǝɥʍou	#86

Originally Posted by bsving

Lets see, could it be that the forecast for profit based on sales of phones are looking a bit gloomy perhaps?

Well, the popular pro-Nokia views here discredit the importance of smartphone segment while altogether maintaining Nokia's superiority in that segment.

Thus I was rather surprised that Nokia listed that point as the first 'excuse' to their profit warning. As for the declining Euro value, it only comes into effect partway through the period. I can see this considerably affecting their financials going through 2010 though, if euro value doesn't recover.

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