Tag: impairment
Microsoft: We’ll run a more effective & focused phone portfolio
Microsoft has just announced that it will take impairment of $7.6 Billion related to acquired Nokia D&S business. Now since you may have questions about Lumia's future, in the press release sent Microsoft has...
Microsoft writes-off Nokia’s D&S $7.6 Billion acquisition. Lays off another 7800 ex-Nokia employees
Microsoft has announced another round of layoffs primarily in the acquired Nokia Phone business and has also wrote-off the acquisition worth $7.6 Billion. Microsoft will be taking $7.6 Billion impairment related to assets associated...