tks to $343M tax bill from land of the long low hanging stink and loseria losses = loser qtr
Kinda questions the whole concept of 3rd world sales which is the majority of nok's sales as their developed world sales are a rounding error in calculating mkt shr compared to android. Also yet another example
of elop mismanagement that he can't keep something like this from happening.
Of course loseria sales will result in more losses espically with the low prices the devices are getting.
All in all should be a real loser qtr that will push the shares into the 2's