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Re: Ericson warns that it
will miss again
NOK also is in the Router and Switching and SDN markets.
These should help cushion some of the brutal decline in the
Wireless segment.
You may be right about NOK having missed several quarter, the
reason I count two is because my reference is post ALU merger, but
NOK may have missed guidance before that took place.
Suri saw this coming, hence the ALU acquisition, the problem is
the decline in wireless is huge. Also, given the magnitude of
Ericson's miss, the market is correctly doubting that NOK can
deliver this quarter guidance. The odds are against it, right
or wrong.
This past year has not been a happy one.
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