BREAKING: Microsoft to purchase Nokia’s devices & services business, license patents & mapping services for €5.44 billion in cash.

[disolitude]

green_sky said:

disolitude said:

Let's see where things are in 6 months. Nokia may be profitable at this point with their remaining businesses but they will not be in the public eye for much longer. 

Well Kowen and prof made a killing. That's all mattered today. Who knows about 6 months from now. Better to go for ETF's for more sustainable growth. 

Like I get why its up...the cash buy firms up the balance sheet that was weakened by the buy of the Siemens share of NSN. The company evaluation now is between $5.50-6.00.

But this will not hold once the market starts factoring the ongoing competitive consideration...and the future state on Nokia business.