Microsoft writes off $7.6B, admits failure of Nokia acquisition
Posted in: Tech‘Monumental mistake’ by former CEO Steve Ballmer comes home to roost Microsoft today wrote off billions of dollars related to its Nokia acquisition, saying it’s taking an “impairment charge” of $7.6 billion, or nearly the full amount it paid for the Finnish firm’s smartphone business and patents last year. The announcement slapped the failure sticker […]
