Apple CEO Tim Cook dismissed pundits and analysts who have questioned the price of the company's lower-cost iPhone 5c as too high, arguing that Apple has never been in the business of making low-cost phones.
Microsoft's decision to pay around $7.2 billion for Nokia's handset business was partly sparked by a desire to keep Nokia from switching to Google's Android platform after late 2014.
A Huawei executive said the Chinese vendor remains committed to supporting Microsoft's Windows Phone platform in the wake of Microsoft's decision to pay around $7.2 billion for Nokia's handset business.
Nokia Solutions and Networks (NSN) will be the biggest and most well-known unit inside Nokia following Microsoft's $7.2 billion deal to buy Nokia's handset business. The billions in net cash Nokia is expected to gain from the deal will go a long way toward positioning NSN as a strong network infrastructure company
The billions in in net cash Nokia is expected to gain from its upcoming transactions with Microsoft will go a long way toward positioning Nokia Solutions and Networks (NSN) as a strong network infrastructure and could enable it to make inroads in areas such as self-organizing networks (SON) and software-defined networking (SDN), according to Strategy Analytics.
Nokia's chairman and interim CEO, Risto Siilasmaa, has talked about how emotional it was for Nokia to sell its key devices and services unit to partner Microsoft for around $7.2 billion. However, now that the initial impact of the sale has faded somewhat, in an interview posted on the company's blog, Siilasmaa said he believes "this is the beginning of the next 150 years of Nokia's story."
Microsoft's $7.2 billion purchase of Nokia's devices business is good for the industry and may accelerate the Windows Phone platform, according to a top executive at AT&T Mobility. During the Mobile Future Forward conference, AT&T Mobility CEO Ralph de la Vega said that he thinks the Microsoft/Nokia combination is a positive move.
Nokia is fanning the flames of speculation over the sale of its devices business to Microsoft, by grabbing €1.5 billion of the purchase price up front. The vendo
This week finally provided answers to ongoing questions about the future of Vodafone's 45 per cent stake in Verizon Wireless and Nokia's devices unit. Some industry leaders are worried about the impact these deals will have on Europe's efforts to regain its lost leadership in mobile innovation.
BRUSSELS--Europe has been falling behind in mobile innovation, as illustrated by its low LTE penetration compared to the US, and recent events such as Microsoft's acquisition of Nokia's devices business and Vodafone's sale of its stake in Verizon Wireless will not help the region reverse this situation, according to Telecom Italia CEO Franco Bernabe.