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Microsoft Thought of Buying Nokia’s Handset Unit: WSJ

The Wall Street Journal says the stumbling blocks were price and Nokia’s eroding market position

Microsoft and Nokia, which abandoned or rejected other operating systems for Microsoft's Windows Phone smartphone system a couple of years ago, reportedly got a pretty good way down the road in their recent discussions about Microsoft buying its handset business before the talks fatally fell apart.

The Wall Street Journal says the stumbling blocks were price and Nokia's eroding market position.

Nokia is searching for a path to successful turnaround and evidently considered disposing of assets.

Microsoft, on the other hand, needs to find a way to get its phone off the ground.

Both companies have been virtually castrated by Android and Apple.

Nokia did about $40 billion in revenues last year and its market cap in the US is upwards of $14 billion.

Google bought Motorola Mobility, which is also losing money as well as creating political issues with other Android OEMs.

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Maureen O'Gara the most read technology reporter for the past 20 years, is the Cloud Computing and Virtualization News Desk editor of SYS-CON Media. She is the publisher of famous "Billygrams" and the editor-in-chief of "Client/Server News" for more than a decade. One of the most respected technology reporters in the business, Maureen can be reached by email at maureen(at)sys-con.com or paperboy(at)g2news.com, and by phone at 516 759-7025. Twitter: @MaureenOGara

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