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Nokia has collapsed on the stock exchange. "The biggest decline since 1991"

by rafalmar1981 - 25 October, 2019 - 01:59 AM
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he share price of Nokia fell by nearly 25 percent. after the company's publication of the results for the third quarter of this year. The direct reason for the decrease was the reduction of forecasts for 2019 and 2020. The company explains that lower forecasts are caused by pressure on interest margins, additional investments in 5G and digitization, and challenges related to business profitability in China. The company also suspended dividend payments.
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(25 October, 2019 - 01:59 AM)rafalmar1981 Wrote: Show More
he share price of Nokia fell by nearly 25 percent. after the company's publication of the results for the third quarter of this year. The direct reason for the decrease was the reduction of forecasts for 2019 and 2020. The company explains that lower forecasts are caused by pressure on interest margins, additional investments in 5G and digitization, and challenges related to business profitability in China. The company also suspended dividend payments.

I remember them
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They need to bring out a 2020 version of the Nokia 3310....
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Source?
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They made great phones before, but they've been in decline for a while now

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