Nokia submitted its annual report (Form 20-F) to the SEC today, and - as required of all publicly traded companies - the information provided a candid overview of its financial health and market risks. Based on its quarterly reports, we've already known it was a rather bleak year for the Finnish outfit, which saw a €1.4b annual loss compared to €1.3b in profit just one year ago. Further, its net sales similarly took it on the chin, which amounted to €38.6b in 2011 versus €42.4b in the previous year.
Engadget, Nokia submits yearly SEC report, details €1.4b loss and Windows Phone risks
No comments:
Post a Comment
Note: Only a member of this blog may post a comment.