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Posts: 2,829 | Thanked: 1,459 times | Joined on Dec 2009 @ Finland
#5
Originally Posted by etuoyo View Post
I am shocked to hear that Nokia's profits dropped from $9bn to $300m in just two years. That is the most shocking profit drop I have ever heard and probably one of the greatest drops in history for any company. Shows how much trouble Nokia is in despite what people may think here. Yes they sell a billion phones but profits are in the high end where Nokia has nothing for now.
Hmmm. I do not know correct terms for bookkeeping, but maybe we should look what kind of depreciations Nokia has made (e.g. Navteq and how it affected). Trying to just say that we need more numbers than just profit.

http://phx.corporate-ir.net/External...xUeXBlPTM=&t=1

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