According to Bloomberg, the leading rating agency Fitch Nokia's debt rating cut to junk BB +. The rating agency
believes that the Nokia mobile phone business in the first quarter has deteriorated, and its uncertain future. cheap
cellphone accessory
Fitch said in a statement today, has been Nokia's long-term debt rating cut one to BB + and. Fitch is still not optimistic
Fitch said in a statement today, has been Nokia's long-term debt rating cut one to BB + and. Fitch is still not optimistic
about the prospects of the company, adding that Nokia's revenue can not be stabilized, the positive operating profit can
not, perhaps it will be further lowered its rating.
After 14 months of the alliance with Microsoft, Cheap cellphone accessories Nokia is still in the burn status. In 2007, the
After 14 months of the alliance with Microsoft, Cheap cellphone accessories Nokia is still in the burn status. In 2007, the
company once occupied nearly half the revenue of the smart phone market, now in the smart phone market reached
$ 219 billion in revenue accounted for only 10 percent, Bloomberg data show.
Nokia's mobile phone business in the first quarter operating loss, it said its profit margins in the current quarter and the
Nokia's mobile phone business in the first quarter operating loss, it said its profit margins in the current quarter and the
first quarter of flat or worse.
"In order to avoid to be nearly half down debt rating, Nokia 2013 show a substantial improvement," Fitch analyst Owen
"In order to avoid to be nearly half down debt rating, Nokia 2013 show a substantial improvement," Fitch analyst Owen
by Fenton wrote in the report. "Given the potential difficulties faced by the company, Fitch do not believe that cellphone
accessories wholesale Nokia can do this in the next 18 months."
Nokia CFO Timo Ihamuotila said in a statement, the company will enhance its focus to reduce costs, improve cash
Nokia CFO Timo Ihamuotila said in a statement, the company will enhance its focus to reduce costs, improve cash
flow and maintain a strong financial position.
Ended the first quarter, the company has 4.9 billion euros (about $ 6.5 billion) net cash.
By http://www.dpgate.com
Ended the first quarter, the company has 4.9 billion euros (about $ 6.5 billion) net cash.
By http://www.dpgate.com
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