these predictions are based on actual nokia financial statements and statements make by nokia ceo elp just a few days ago.
nokia had a horrific 1qtr 2012 - $1.4 BILLION loss. a few days ago, elop said the 2nd qtr financials are worst than predicted. that can only mean much bigger financial loss for Nokia, bigger than $1.4 Billion.
elop also said the sales of their smarthphones (lumia) is weak or is not meeting expectations.
these are real numbers here.