In Microsoft’s Nokia Debacle, a View of an Industry’s Feet of Clay
Let’s call it the $7.5 billion (roughly Rs. 48,025 crores) lesson. That’s the amount Microsoft wrote off on Nokia’s phone unit, which it bought a little over a year ago for what it said was $9.5 billion (roughly Rs. 60,832 crores). Considering that the deal included $1.5 billion (roughly Rs. 9,605 crores) in cash, the write-off means Microsoft now values
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