“July 8, 2015 â€” Microsoft Corp. today announced plans to restructure the companyâ€™s phone hardware business to better focus and align resources. Microsoft also announced the reduction of up to 7,800 positions, primarily in the phone business. As a result, the company will record an impairment charge of approximately $7.6 billion related to assets associated with the acquisition of the Nokia Devices and Services (NDS) business in addition to a restructuring charge of approximately $750 million to $850 million.”
See Microsoft Announces Restructuring of Phone Hardware Business
See also A Few Thoughts On Microsoftâ€™s Massive WritedownFor most businesses, an $8billion loss would be an utter disaster, perhaps the end of the road… but M$ is not just a business. It’s a criminal gang bent on stifling competition any way it can. In this case it was “Embrace, Extend, Extinguish” to control Nokia rather than letting Nokia go with */Linux. In the height of its power, M$ could accomplish any anticompetitive act with less than $1billion. This is just inflation brought on by their worsening situation.
The good news is that with each demonstration of failure the world is learning that M$ is not the One True Way to do IT. The world is adding more units based on Linux than M$’s entire installed base every year. The legacy PC units bearing That Other OS are piling up in the channels. On weekends, */Linux is more popular than “7”. Both “7” and “8.1” are losing share …