Benjamin Carr, Ph.D. 👨🏻💻🧬 on Nostr: Ten years ago #Microsoft bought #Nokia's #phone unit – then killed it as a tax ...
Ten years ago #Microsoft bought #Nokia's #phone unit – then killed it as a tax write-off
The Register provides a retrospective look at how Microsoft "absorbed the handset division of Nokia" ten years ago, only to kill it two years later and write it off as a tax loss. What went wrong? "It was a fatal combination of bad management, a market evolving in ways hidebound people didn't predict, and some really (with a few superb exceptions) terrible products," reports Register.
https://www.theregister.com/2024/05/05/microsoft_nokia_anniversary/
The Register provides a retrospective look at how Microsoft "absorbed the handset division of Nokia" ten years ago, only to kill it two years later and write it off as a tax loss. What went wrong? "It was a fatal combination of bad management, a market evolving in ways hidebound people didn't predict, and some really (with a few superb exceptions) terrible products," reports Register.
https://www.theregister.com/2024/05/05/microsoft_nokia_anniversary/