Microsoft slashing phone unit is ‘postponing the inevitable’

By | July 9, 2015

Scalper1 News

M icrosoft’s latest round of layoffs and its massive write-off of the Nokia handset acquisition were seen as good [news by Wall Street analysts and investors on Thursday. Microsoft (MSFT) stock rose a fraction to 44.52 on the stock market today. But the Redmond, Wash.-based software leader still faces challenges in the phone business as well as from the sluggish personal computer market and its transition to a cloud computing business model. Scalper1 News

Scalper1 News