Microsoft's mobile surrender
Early Wednesday morning, Microsoft announced further reductions to its smartphone hardware business, including the elimination of up to 2,000 jobs, mostly in Finland, where Nokia was based. This is on top of more than 25,000 layoffs related to its smartphone business since it bought Nokia in 2014.
This chart from Statista shows why. Global market share for Microsoft's phone platforms dipped below 1% in Q1 2016. That's barely a footnote.
Microsoft still has opportunities in mobile computing. It can sell mobile versions of other apps and services for Android and iOS, and can sell software and services to help large organizations manage their mobile phones. But as far as putting Windows on phones, or making a dent in the phone business, it's over.
Statista
- I quit McKinsey after 1.5 years. I was making over $200k but my mental health was shattered.
- Some Tesla factory workers realized they were laid off when security scanned their badges and sent them back on shuttles, sources say
- I tutor the children of some of Dubai's richest people. One of them paid me $3,000 to do his homework.
- Top 10 Must-visit places in Kashmir in 2024
- The Psychology of Impulse Buying
- Indo-Gangetic Plains, home to half the Indian population, to soon become hotspot of extreme climate events: study
- 7 Vegetables you shouldn’t peel before eating to get the most nutrients
- Gut check: 10 High-fiber foods to add to your diet to support digestive balance