As Nokia Teeters, What’s It Worth? – WSJ.com

As Nokia Teeters, What’s It Worth? – WSJ.com.

Nokia Corp.’s latest profit warning and massive layoffs are raising an important question in the stock market: Just how much is the cellphone company’s business really worth?

Financial analysts have a disquieting answer for the Finnish company. Some say its path is so uncertain that they are starting to evaluate the 141-year-old company primarily on the value of its assets, patents and cash reserves, rather than as an operating business.

Nader Nazemi

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