Microsoft Buries Nokia and then Scales Back Smartphones to Focus on Enterprise

Discussion in 'Surface Forum Site News' started by dgstorm, May 25, 2016.

  1. dgstorm

    dgstorm Editor in Chief Staff Member

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    We have a couple of reports regarding Microsoft's mobile phone efforts. First, it looks like Microsoft's Nokia division has been such a big stinker that the folks in Redmond are burying it. Microsoft announced another round of layoffs for the Nokia division to the tune of 1,850 people worldwide. Of that number, 1,350 are in Finland. This is basically the rest of the Nokia folks.

    Microsoft is also preparing to take a $950 Million dollar financial write-down on Nokia ($200 Million of that is severance pay). Since 2013 when Microsoft acquired Nokia, the ultimate financial hit they will have taken from the whole endeavor will be $7.6 billion. Ouch!

    To go along with the final death throes of Microsoft's Nokia, Microsoft also shared that they are scaling back on their mobile phone efforts entirely. They made it clear that they are not exiting completely, but are simply refocusing on the enterprise market. What this means for the oft rumored Surface Phone remains to be seen. Here's a quote with more of the details,
    Basically, it looks like Microsoft has put the brakes on their mobile phone business. We will have to watch carefully to see how when/if they accelerate it again.

    Source: BGR
     

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