Friday, July 20, 2012

Nokia Is Fundamentally Weak, But Cash Supports Bonds

Nokia (NOK) released its second-quarter earnings and, fundamentally, the results are nothing to cheer about. Here are some items from the release (emphasis mine): Nokia net sales in Q2 2012 were EUR 7.5 billion, up from EUR 7.4 billion in Q1 2012 but ...

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