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by pembrook 3116 days ago
You must admit the irony in that Nokia example...

If Nokia had instead gone to the lengths Apple does to cut taxes and invested that money back in the company they might still be thriving as an independent entity today...ultimately generating far more benefit for the Finnish economy over the long run than being a shrinking Microsoft division.

2 comments

I admit to the irony, but sadly they could have never saved enough profits to turn around the company. They could have at best delayed the inevitable further down the road..
Not so sure really, they likely would have burned through it anyway, such was the scale of the management screwup there.