Who besides that other SteveB ever thought it WAS going to work?


Microsoft bought Nokia’s handset division thinking it could use the company’s considerable hardware talent to build phones capable of going head-to-head with the iPhone. It was clear at the time of the deal that this was never going to happen and that’s why we weren’t surprised to see that Microsoft last month was forced to eat a $7.6 billion writedown related to the deal. But now TechCrunch has taken a look at some of the numbers Microsoft posted in a recent filing with the Securities and Exchange Commission that reveal the Nokia deal was an even bigger disaster than we realized.

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Published by Steve Banfield

Kentucky born, Seattle based. Entrepreneur. Team Builder. Photographer.

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