‘Microsoft keeps giving up on the future’ – ‘Mashable’
Seth Fiegerman says, “Microsoft’s vision is to be on every screen you use. But sometimes, that vision cracks a little.
On Wednesday, Microsoft announced taking a staggering $7.6 billion writedown for Nokia’s handset business, which it officially acquired just more than a year earlier for $9.5 billion with the goal of supercharging its position in the competitive smartphone market.
Microsoft won’t kill off its flagship Windows phones, but it is slashing a big part of its commitment — cutting much of the staff that produced these devices and changing its strategy to focus on apps and the Windows platform rather than hardware.
The move is a familiar one for Microsoft. Build or buy your way into a promising market. Then retreat or re-tool as it becomes painfully apparent that it’s just not working out“.
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