“What happened?” Blodget writes.” The iPhone happened.”
Blodget writes, “In the five years since Apple released its first iPhone, Nokia has lost a staggering 90% of its market value… Because Microsoft and Nokia are now in bed together, moreover, Nokia’s problems have become Microsoft’s problems. Microsoft is desperate to regain some of the ground it has lost to Apple and Google in smartphones. But its one major global partner, Nokia, is now drowning. So that puts Microsoft back at square one again.”
Read more in the full article here.
MacDailyNews Take: Verilöyly.
[Thanks to MacDailyNews Reader “Tayster” for the heads up.]
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