We are only conducting Seminars to make Professional Traders. The material published on the blog is of general and educational information only and is not suitable for trading purpose. We do not provide Stock Tips. Please do not make any payment on website. All Material is available Free on the site.

Nokia is 100% in Trouble

Nokia which is a Finnish phone maker and derives the name from a river flowing in Finland is going through a tough time as it plans to cut 4,000 more jobs at its plants in Finland, Hungary and Mexico as it seeks to cut costs by moving smartphone assembly work to Asia.

This is being attributed to shift and job cuts are being undertaken in phases through this year. This decision has been taken post closure of operations at Romania plant last September.

Analysis of Nokia results shows that it has reported a 73% fall in fourth-quarter earnings after sales of its new Windows Phones failed to dent the dominance of Apple Inc's iPhone or compensate for diving sales of its own old smartphones.

Thus the moral of the whole story is that one can not be complacent in business and have to be innovative in approach. If Nokia fails, it will be because of not listening to people’s demand.

Bookmark our website for stock tips which make money and day trade with our sure tip and trade like professional in market.

Most Visited Stocks - Click to Visit Link

We Teach and Train our Readers as we want to make sure that Readers become thorough professionals. We do not provide any stock tips. Please do not make any payments. Your joining or reading content is subject to acceptance of our terms and Disclaimer for which link is given on the site at bottom right hand corner. Wherever the word tip is written; it implies an idea which is of informational value and is not suitable for trading. Trade ideas if any are for educational purpose only. We are conducting Seminars to make Professional Traders. Join Now for Bangalore, Chennai and Hyderabad. Leave query through contact form.
Chart> Nifty A B C D E F G H I J K L M N O P Q R S T U V W X Y Z 0-9