dallas on 22 November 2012
It's a trash stock, sorry guys.
According to ychartz, nokia has lost about five percent revenue on a yearly basis for the past five years, on average
http://ycharts.com/companies/NOK/revenue_growth
And worse for Nokia, its financial position is getting worse every year, as the company loses more money and gets smaller.
I just looked at its balance sheet to find out how big the company is, and it's retained earnings are about 40% of what they were just 3 years ago, and the only thing you can add to that to cover the bill, is more debt. Even if the reader of this doesn't have an accounting background, you get the idea that it is headed the same place that Sony seems to be, for a corporate breakup and sell off procedure.
