People are concerning themselves with the improved bottom line (even though it's still a loss), and so the early trading shows their stock moving upwards. In other words, they're not paying attention to the numbers below: Smart phone sales are diving, as are revenues from smart phones.
Linear thought is a flaw. As a dog, I like to cozy up on the sofa, pull up a glass of coffee and cookies and pretend to be human. I sometimes think that I wasted my time learning new tricks rather than playing outside.
Thursday, October 18, 2012
Nokia's 3rd quarter: going down, down down.
Boy, if you thought Nokia's sales were anemic, take a look at what happened last quarter. Looks like that expectation of slowed sales due to the Windows Phone 8 pre-announcement was right. No death knell, but put it this way: what Nokia sold in a whole quarter is slightly less than FIVE DAYS of Android handset activations.
People are concerning themselves with the improved bottom line (even though it's still a loss), and so the early trading shows their stock moving upwards. In other words, they're not paying attention to the numbers below: Smart phone sales are diving, as are revenues from smart phones.
What's interesting is that when they brought out their first WP phone, sales bumped up; since then however, it's been all downhill. Does WP8 portend a sales bump and a change of fortunes? I think people have had enough of the Windows Phone platform, and have decided that it's not all that interesting.
People are concerning themselves with the improved bottom line (even though it's still a loss), and so the early trading shows their stock moving upwards. In other words, they're not paying attention to the numbers below: Smart phone sales are diving, as are revenues from smart phones.
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