Thursday 30 April 2020

We're not Finnished yet: Nokia chalks up €200m sales hit to 'COVID-19 issues'

Insists: It was the supply chain! We'll get the sales back later this year

Nokia Oyj told the market this morning that it estimates the novel coronavirus has "had an approximately €200m negative impact" on its Q1 2020 sales, mostly due to "supply chain challenges" but insisted the sales would be "shifted to future periods", rather than being lost to the ledger entirely.…

via The Register - Data Centre: Networks

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