Microsoft’s Nokia acquisition weighs on fourth-quarter results

JULY 23, Bloomberg – Microsoft Corp.’s purchase of Nokia Oyj’s mobile business dragged down fiscal fourth-quarter profit, even as the software maker benefits from improving corporate demand for computers and software delivered over the Web. Nokia’s operations, which Microsoft bought for 5.44 billion euros ($7.33 billion) in April, contributed to a 7.1 percent decline in […]

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