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Amazon Deals - ToS - Warp
Nokia is struggling
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The firm said operating losses in its Device & Services unit will unlikely see significant improvement next year and cash burn will likely increase. They said the transition to Windows 8 will likely be slow and challenging.
In the longer-term, a break-up of the company should be considered, the firm said. Apple may be interested in Nokia's IP. Ericsson, Huawai, ZTE may be interested in parts of Nokia Seimens Networks. They said no company would likely be interested in the entire company with its 114,000 employees.
Credit Suisse Downgrades Nokia (NOK) to Underperform; Things Aren't Getting Better, a Break-Up Needed
In the longer-term, a break-up of the company should be considered, the firm said. Apple may be interested in Nokia's IP. Ericsson, Huawai, ZTE may be interested in parts of Nokia Seimens Networks. They said no company would likely be interested in the entire company with its 114,000 employees.
Credit Suisse Downgrades Nokia (NOK) to Underperform; Things Aren't Getting Better, a Break-Up Needed