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Nokia Plans More Cost-Cutting Measures

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hepresearch

Apr 19, 2012, 9:20 AM

Nokia going bye-bye?

By the way, to clarify, it is 600,000 devices of ALL types (including WP, Symbian, and Series 40 feature devices) sold among ALL wholesale and retail channels in the North American market (including the US, Canada, and Mexico).

Also include lowest stock prices in over 15 years, board members and officers jumping-ship... I mean, resigning... and worldwide sales down over 50% YoY even from last year's low point. "The Elopocalypse" has not been so good to them, after all. The news has been super nasty, and only seems to be getting worse. The parallel demise of RIM seems to be helping to keep them above-water at the moment, but it won't last much longer if any longer at all.

Two years ago, I would never have guessed that Nokia would end...
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Worst case scenario, MS makes an offer to buy them out completely, maybe. Some would argue that has been Elopes plan from the inside. On the flip side of things, we could see more Lumina's being supported by more carriers= more sales. Nokia I believe ...
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