Nokia Corporation (ADR) (NOK): Is Elop’s Seat as Red as the Quarterly Numbers?

While the red numbers don’t seem to be isolated strictly to Nokia Corporation (ADR) (NYSE:NOK), the fact that the company is continuing to hemorrhage money does cause pause. The growth of Lumia is encouraging, and a consensus of analysts believe that the full takeover of Nokia Siemens Networks (see our coverage here) will help the company long-term because of that division’s history of profitability, it is a matter of what Nokia can and will do to turn the tide of red on its balance sheet. Do you have suggestions on how Nokia could turn its fortunes? Are you also bearish on this stock in the wake of the report missing expectations, or do you see a glass-half-full opening? Let us know your thoughts in the comments section below.

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