Is there good news about Nokia that we’re just not hearing?12 Oct, 2012
Seeking Alpha seems to think so:
For example, Nokia has provided guidance to investors that it intends to reduce its OpEx (operating expenditures) over time to an annual run rate of just $3 million euros.
Was this widely reported? No.
Or how about the fact that Microsoft has agreed to pay Nokia $250 million dollars a quarter for adopting its Win8 phone platform. (Says so right here in Nokia’s Q4 2011 quarterly earnings report.) This “platform support” payment is one of a series of payments that Microsoft intends to shell out to protect Nokia’s flagship Lumia line. This is a 5+ year subsidization agreement that represents up to a multi-billion dollar investment by Microsoft in Nokia’s success.
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