Software giant: Nokia is for Microsoft to debacle | Business … – Frankfurter Rundschau

July 22, 2015

The Nokia-Microsoft takeover plunges deep into the red. Photo: AP

With the purchase of the mobile phone division of Nokia Microsoft to attack the smartphone business. But instead to move into the same league as Apple or Samsung, the deal was an expensive debacle.

Redmond –

The acquisition of the mobile phone business acquired from Nokia has Microsoft ripped deep into the red. The US software giant said Tuesday (local time) the biggest quarterly loss in its history – from April to June fell bottom line a minus of 3.2 billion dollars (2.9 billion euros). A year earlier, there is a profit of 4.6 billion dollar had been standing.

The high loss goes to the total of nearly $ 9.5 billion acquisition of expensive mobile phone business acquired from Nokia in spring 2014 back. The acquisition turned out to be now as mega-flop. In the second quarter wrote Microsoft on the deal from $ 7.6 billion, including other special charges, earnings were even charged with 8.4 billion dollars.

Microsoft had given recently the full extent of the debacle. With Nokia smartphones the company Apple and Samsung wanted to attack. But the devices were slow sellers.

While Google’s smart phone system Android and Apple dominate the market, play Microsoft’s Lumia smartphones only a minor role, although sales rose last. In addition to the huge depreciation of the Group announced that it would cancel 7800 jobs.

make when sales had Microsoft last smears. Revenues fell by five percent to 22.2 billion dollars. The PC sales and business with Windows operating systems weaken further. While booming cloud services, where data and programs are outsourced to large computer on the Internet. But that was the downward trend in other areas not be compensated.

“Overall, I’m satisfied with our performance,” nevertheless CEO Satya Nadella said in a conference call with analysts. Microsoft located in flux, and the results showed that the group was able to change. Nadella hopes for the launch of Windows 10, the new opportunities for Microsoft to create.

The results suffered as in the previous quarter and under the strong dollar, which reduces the income abroad when converted to the US currency. Without the adverse effect of the exchange rate the sales decrease would have been just two percent. For investors, the quarterly results came to no good – the Microsoft ‘s share fell after trading in the meantime by more than four percent

Throughout the year under review. net profit dropped by almost half to 12.2 billion dollars. Sales increased, however, by 6.7 to 93.6 billion dollars.

For the current quarter is aiming Microsoft a turnover of 20 7 to 21.3 billion US dollars to. The business outlook was significantly below analysts’ expectations. Microsoft continues to expect strong headwind from the strong dollar. (Dpa)