>> Also think that it's a good move from which Noki will benefit.
That was their best option since a little longer they could be heading to bankruptcy. At least now, they have cash to build a new future. For the people of Nokia nation, it could be very humiliating how they lost it.
Considering that Microsoft has not been very big in the world of mobile computing, and actually this is its first dabble in actual mobile device manufacturing (although there have been a number of windows phones made before particularly by HTC and Nokia) this move should give it the much needed boost to catch up with the 2 horses at the helm. Of course that will only come true if they come up with a great strategy and execute it properly though even that should not be too difficult considering that Nokia already has a strong foothold on the Smartphone market particularly within the third world economies.
@Selinz, according to official reports, along with the purchase and acquisition of the Devices and Services business from Nokia, the company will also retain the latter's employees who number about 25,000 so no worries about loss of jobs. In Nokia's former CEO will be the one heading the new mobile device manufacturing branch of Microsoft and has already moved in following the completion of the sale. Anyway all this was to be expected since it is the only practical move that makes sense both financially and in terms of overall efficiency.
January 2016 Cartoon Caption ContestBob's punishment for missing his deadline was to be tied to his chair tantalizingly close to a disconnected cable, with one hand superglued to his desk and another to his chin, while the pages from his wall calendar were slowly torn away.122 comments