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Nokia Corporation Message Board

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  • alphatennis alphatennis Oct 20, 2012 10:50 AM Flag

    Can someone post the new tangible book value?

    The current Book Value is 3.25 +/_
    They have plenty of cash and credit line to carry them through the transition. Their burn rate is about 250 million per quarter and Microsoft gives them $ 250 million per quarter for Windows phone development. Therefore they will not go bankrupt next quarter as some of the short sellers predicting (they are not really predicting - they are just inducing panic). Lumia 920 pre-orders in Europe is just the tip of the iceberg.

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