Does anyone think that the increase in the cash burn could be because they paid the India Tax fine and will just be a one time write off? Or do you just think this is due to them putting out so many new phones in such a short period of time? Anyone care to speculate on what they are going to do w/ NSN and/or their Phones unit? I believe they should sell one of them.
Most likely a combination of higher marketing expense and cash outflow for inventory components. If so we should see that pretty clearly in the financials. if it really was cash burn from lack of feature phone sales then the hit will hit the fan. But i doubt that. They put in some bigtime orders for components. 50% increase shpposedly
the feature phone factories have big fixed costs. even a modest decline there will lead to extensive cash burn. if the burn does turn out to be more inventory related, it will be much more readily forgiven by the street when they report than if it turns out to be related to the feature phone biz.