An Interest In:
Web News this Week
- March 29, 2024
- March 28, 2024
- March 27, 2024
- March 26, 2024
- March 25, 2024
- March 24, 2024
- March 23, 2024
Some of Our Sources
- Slashdot
- Technology Review
- Creative Curio
- Naldz Graphics
- Noupe
- 24 Ways
- Wal You
- Codrops
- Android Headlines
- Daily Now
Help Webnuz
Referal links:
September 3, 2013 10:29 pm GMT
On the news that Microsoft will purchase substantial assets from Nokia, including its handset business and intellectual property, company investors have discarded the stock, sending it down 6 percent in regular trading.At current trade, that decline represents $16.6 billion in market capitalization, a stunning repudiation of the plan by investors. To put the decline in perspective, when current CEO Steve Ballmer announced that he will relinquish his role at Microsoft, the company picked up $18 billion in value.
Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/Iu-MFj27sCo/
Microsoft's Nokia Purchase Torches $16.6 Billion In Market Cap, Almost As Much As Ballmer's Exit Added
On the news that Microsoft will purchase substantial assets from Nokia, including its handset business and intellectual property, company investors have discarded the stock, sending it down 6 percent in regular trading.At current trade, that decline represents $16.6 billion in market capitalization, a stunning repudiation of the plan by investors. To put the decline in perspective, when current CEO Steve Ballmer announced that he will relinquish his role at Microsoft, the company picked up $18 billion in value.Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/Iu-MFj27sCo/
Share this article:
Tweet
View Full Article
Techcrunch
TechCrunch is a leading technology blog, dedicated to obsessively profiling startups, reviewing new Internet products, and breaking tech news.More About this Source Visit Techcrunch