Nokia has over 12 billion in cash , while yes the burn rate has been 3 billion/year. Nokia still has enough cash to survive at least 3 more years without borrowing. Nokia is worth $3 per share just for their patent portfolio alone. Nokia receives $600 million / year in royalties. They will survive and prosper or get bought out in next 12 months
Nokia's Junk Status Is Spot On [View article]
They will survive and prosper or get bought out in next 12 months