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Nokia Corporation Message Board

  • nusaiba nusaiba Jul 9, 2013 9:57 PM Flag

    Breaking News! Why Nokia is going down in this Q2 to 3.7B-4.2B Euro from 4.5B Euro?where is the 500M euro Eflop?Iam tired of this guy cont t

    to burn cash quarter after quarter since he joined in.I hope it is not losses

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    • They just subtracted the NSN purchase price from their gross cash position.Its not a cash burn per se just hypothetical gross/netcash from their total debt including the new NSN purchase but of course that's not true because they are financing the NSN deal (they are not paying cash). However,I will expect some cash burn from Nokia because they had ordered more parts from their parts suppliers in anticipation of greater demand in the 2nd half according to JP Morgan analyst checks.

      I anticipate a solid 2nd quarter,not a home run quarter because most of the Asha launches will be reflected in 3rd quarter.I don't anticipate 20% drop in feature phone sales.

      Sentiment: Strong Buy

    • The doctor called. It is time to take your medication.

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