Microsoft ‘fundamentally’ restructures phone business, limits Lumia goals

In another ominous move for Windows Phone’s future, Redmond announced a further 7,800 layoffs while taking an impairment charge of $7.6 billion and deciding on a “more effective” handheld portfolio. Despite pompous rhetoric at the time of its $7B+ acquisition of Nokia’s struggling mobile phone business, it never seemed like Microsoft tried to turn things...Read More
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