Press

The US software giant paid $7.2 billion for Nokia's handset business in 2014, but failed to make a success of new devices. In May, Windows-powered smartphones accounted for fewer than 1% of global smartphone sales. Eddie Murphy, telecoms analyst at Priory Consulting suggested the firm was too late to the market. “Apple and Android devices have dominated the space and Windows hasn't made an impact.” One of the problems Microsoft faced was the so-called “app gap”- a shortage of popular titles appearing on its smartphones. The job losses were initially announced in May as part of a plan to close 1,850 posts in Microsoft's smartphone business. (BBC)