Hacker Newsnew | past | comments | ask | show | jobs | submitlogin

Am I being overly cynical in 1) they bought nokia, 2) revenue != profit, 3) nokia sells a lot of cheap phones.


Yes, because the purchase hasn't closed yet, so those revenues aren't included. Also, there was near-record profit to go along with the revenue, so margins aren't down too badly.




Consider applying for YC's Fall 2026 batch! Applications are open till July 27.

Guidelines | FAQ | Lists | API | Security | Legal | Apply to YC | Contact

Search: