5
REALITY BITES
JANUARY 2010–AUGUST 2010
In a flash, I saw the root cause of what had unnerved and confused and worried me for the past two years.
THERE WAS PLENTY of positive news to report at the first board meeting of 2010.
December had been a good month for us. Sales in Nokia’s Devices & Services unit were so strong—a 40 percent hike over the previous year—that they hoisted the entire fourth quarter out of the red. First-quarter estimates predicted continued growth and decent profitability.
The Services group had ended the year above target ...
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