Nokia is going bankruptcy

Discussion in 'Stocks' started by Robertx, Jun 29, 2006.

  1. Robertx


    Nokia is from Finnland, and has headqurters in Finnland. There is at famous economy forum been discussion about could Nokia been headin towards bankruptcy:

    Argument is that Jorma ollila former president of company has left a company with minor ways to succes. It goes with the picture that now as a companys president is working Kallasvuo, who is not presidential material.
  2. Robertx


    Fusion of Siemens and Nokia is been quieted. There is given no good public reasons to that fusion. Nokia is going to decrease its employees about half.

    Nokia has gained its marketplace by paying its subcontractors minimum price from their work. Now subcontractors are falling and whole system wich has make Nokia profitable is falling.