It’ll be interesting to see more financial details of the deal, at some point
“It looks like a good deal for Microsoft, but far riskier for Nokia,” said David B. Yoffie, a professor at the Harvard Business School. “It’s choosing a new platform and an unproven one in Microsoft’s smartphone software.”
Dropping Symbian, Nokia’s operating system, will be temporarily disruptive to Nokia’s product plans. About 200 million phones around the world use Symbian and the company expects to sell another 150 million more before halting its development and switching to Windows. Investors were skeptical of the Nokia-Microsoft partnership. Nokia shares dropped 14.2 percent in Europe. Microsoft shares closed down 0.9 percent.