121–130 of 156 posts
"Microsoft will draw upon its overseas cash resources to fund the transaction." This is an important aspect of the deal - bringing money earned overseas into the US is often costly (taxes, etc.). As a result, US companies often end up with cash sitting overseas with nothing to spend it on, and are hesitant to take the hit that happens when they bring it to the US... so this is a great way for Microsoft to use that mo…
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> So what happens to the rest of Nokia? Nokia keeps the other two divisions. Nokia is now primarily a telecoms infrastructure company, like Alcatel-Lucent. They're pretty closely matched. Alcatel-Lucent had €14.4 billion of revenues in 2012, while Nokia Siemens Networks took in €13.1 billion of revenues. There's also the mapping division, but that's just 10% of the new Nokia's revenues. I'm surprised Microsoft did no…
> Nokia Siemens Networks NSN is no longer Nokia Siemens Networks; it's Nokia Solutions and Networks now, and Siemens is no longer part of it.
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13 years ago was the dot-com bubble. What about Microsoft, IBM, Apple, Intel, Oracle?
IBM doesn't count because that company is almost as old as the invention of the computer itself.
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Now that Microsoft is buying Nokia, it seems unlikely that Microsoft will buy Blackberry. Unless it's a firesale for the patents. Note: RIM changed its name to Blackberry Ltd, with a stock ticker of BBRY.
I'd say Blackberry is the big loser in this deal, since it probably takes one of their more plausible options off the table.
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It costs like $19 to register an account on the WP dev centre (or free if you are a student), that's less than Apple and Google charge. For that you get Visual Studio and Blend all set up to develop with and can publish apps to the store.
less than Apple and Google charge What your parent wants to do, "build an app to use on my own phone", is free on Android.
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I'd say Blackberry is the big loser in this deal, since it probably takes one of their more plausible options off the table.
RIM's two selling points still seem as relevant as they did last week for MS: patents and the loyal but shrinking customer base.
This is why I mention only the patents. Those are clearly valuable. The customer base is debatable.
"Microsoft will draw upon its overseas cash resources to fund the transaction." This is an important aspect of the deal - bringing money earned overseas into the US is often costly (taxes, etc.). As a result, US companies often end up with cash sitting overseas with nothing to spend it on, and are hesitant to take the hit that happens when they bring it to the US... so this is a great way for Microsoft to use that mo…
As I recall we (the US) have the highest corporate income taxes in the developed world. It would be a gross dereliction of management's duty to shareholders to repatriate it unless really needed.
I hope Ballmer and Gates have a dedicated CEO in mind now that Ballmer's leaving... very few people will be able to lead a company this large, and it will be quite a tragedy if Microsoft's reputation declines and takes down Nokia with it.
I heard a rumor that Paul Graham is being courted, but it is probably disinformation.
"Microsoft will draw upon its overseas cash resources to fund the transaction." This is an important aspect of the deal - bringing money earned overseas into the US is often costly (taxes, etc.). As a result, US companies often end up with cash sitting overseas with nothing to spend it on, and are hesitant to take the hit that happens when they bring it to the US... so this is a great way for Microsoft to use that mo…
Key graff: " The average tax rate these companies currently pay to other countries on this income is just 6.9 percent, well below lower the 35 percent statutory U.S. corporate tax rate. " As I recall we (the US) have the highest corporate income taxes in the developed world. It would be a gross dereliction of management's duty to shareholders to repatriate it unless really needed.
http://thinkprogress.org/economy/2013/04/01/1804801/no-ameri...