Siemens' mobile unit to post big loss, report
Jan 25 2005 - 01:32 PM ET | Siemens
German newspaper Handelsblatt
reported today that Siemens' mobile unit will post a large Q4 2004 loss. Though not a surprise (
rumors have been going around a sale of the unit because its cash problems), this is the first time we've seen a number: 141 million euros ($184 million).
Siemens will announce its quarterly results on Thursday.
