Train wreck on 11 April 2012
| dallas said: Nokia is unable to give an accurate forecast of its earnings and bc it failed at this, and had to revise said forecast negatively, it's shares fell by 18% today.
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Its more than not being able to give an accurate forcast, they are now citing weakness in their bread and butter business and thats selling low end phones in underdeveloped markets like india and china. If they are getting beat out there (and they are) then this company honestly has no hope. The sad thing is at one point this company used to be the biggest in Europe and one of the largest companies in the world, they were not able to change with the times.
