This morning marked a long-awaited financial mess for Microsoft, which wrote down more than $7 billion of goodwill related to its purchase of the majority of Nokia’s hardware business. The charge was not a surprise. The scale of the dismissal was; the total sum deleted is larger than the originally reported purchase price of the assets in question. Math can be both poetic, and ironic.… Read More...
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A Few Thoughts On Microsoft’s Massive Writedown
techcrunch.com