Microsoft buys Nokia, and it wasn’t cheap

elop-ballmer-1346872124I wouldn’t say that I saw this coming, because I didn’t. Part of me should have seen it coming as Nokia is a big supporter of the Windows 8 phone. I believe that the price was 7 billion dollars.

I am not certain what impact this will have on the cellular phone industry, as the Windows phone is still only the number 3 operating system on the mobile phone industry. Remember when Nokia phones were all the rage, back before the age of smartphones?

CEO Steve Ballmer calls this move “a win-win for employees, shareholders, and consumers of both companies”. I suppose that we will have to see how this develops.

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