back to article Come close, dear reader. Past those trees you'll see a non-Microsoft Nokia Oyj in the wild

Nokia – the Finnish networking firm, not the Microsoft division that sells low-cost mobes running Windows Phone – reported earnings for another difficult quarter on Thursday, yet showed signs that its operations are beginning to stabilize since punting its Devices and Services business off to Redmond. Net sales for the second …

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Does anyone else find it remarkable that

"The Nokia Technologies R&D division saw net sales of €147m ($198m) in the second quarter, a 1.4 per cent year-on-year increase, while its operating profit was up 6.7 per cent, to €96m ($129m)".

Really? An R&D division that not only not a money loser, but actually turns in a profit that is around one-third?!

<King Midas icon, everything he touches turns to gold>

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Re: An R&D division that [is] not only not a money loser, but actually turns in a profit

It seems to me that a good R&D division should lose money in the same way a good venture capitalist loses money: there might well be frequent losses on things that don't work out, but the (few) winners more than make up for those losses.

Whether the "win" project profits get attributed to the actual R&D division is another matter.

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Silver badge

Isn't that the same R&D division that Elop took a chainsaw to?

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