Logically Answered | How Microsoft Got Blackmailed Into Buying Nokia @LogicallyAnswered | Uploaded September 2023 | Updated October 2024, 16 minutes ago.
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Did you know that Microsoft used to own Nokia? In fact, they paid a whopping $7.2 billion for Nokia and just a couple of years later, they would end up writing off the entire purchase amount plus more as a loss. As such, Nokia is no doubt one of Microsoft’s worst acquisitions of all time. It’s easy to see that Nokia was a bad acquisition in retrospect but what if I told you that it was clear in real time as well but Microsoft went ahead with the acquisition anyway. Why you ask? Well, Nokia basically blackmailed Microsoft into buying them. You see, in the early 2010s, Nokia became the top Windows Phone maker. In fact, at the peak, they controlled 90% of the Windows Phone market. So, all they had to do to force Microsoft’s hand was threaten to move over to Android which is exactly what they did. Microsoft was hopeful that they would be able to make strides with control of the hardware side of Windows Phone but this ended up being a huge miscalculation. This video explains the story of Microsoft acquiring Nokia and the brutal consequences of this acquisition.
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Timestamps:
0:00 - An Utter Fail
1:48 - A Desperate Plunge
5:44 - A Hail Mary
9:03 - Blackmailed
Resources:
pastebin.com/cLJ2k7bW
Thumbnail Credit:
Don Emmert
bit.ly/45PpgP5
Disclaimer:
This video is not a solicitation or personal financial advice. All investing involves risk. Please do your own research.
silomarkets.com/disclosures
Lock In 5% With Bonds:
silomarkets.com
Did you know that Microsoft used to own Nokia? In fact, they paid a whopping $7.2 billion for Nokia and just a couple of years later, they would end up writing off the entire purchase amount plus more as a loss. As such, Nokia is no doubt one of Microsoft’s worst acquisitions of all time. It’s easy to see that Nokia was a bad acquisition in retrospect but what if I told you that it was clear in real time as well but Microsoft went ahead with the acquisition anyway. Why you ask? Well, Nokia basically blackmailed Microsoft into buying them. You see, in the early 2010s, Nokia became the top Windows Phone maker. In fact, at the peak, they controlled 90% of the Windows Phone market. So, all they had to do to force Microsoft’s hand was threaten to move over to Android which is exactly what they did. Microsoft was hopeful that they would be able to make strides with control of the hardware side of Windows Phone but this ended up being a huge miscalculation. This video explains the story of Microsoft acquiring Nokia and the brutal consequences of this acquisition.
Earn Interest From The Government & Top Corporations:
(iOS App for US Residents)
silomarkets.com/waiting-list-page
Free Weekly Newsletter With Insiders:
ppnewsletter.substack.com
Socials:
instagram.com/hariharan.jayakumar
Discord Community:
discord.gg/SJUNWNt
Timestamps:
0:00 - An Utter Fail
1:48 - A Desperate Plunge
5:44 - A Hail Mary
9:03 - Blackmailed
Resources:
pastebin.com/cLJ2k7bW
Thumbnail Credit:
Don Emmert
bit.ly/45PpgP5
Disclaimer:
This video is not a solicitation or personal financial advice. All investing involves risk. Please do your own research.
silomarkets.com/disclosures
