Did Microsoft just give up on Windows Phone?

Windows Phone is in trouble. Despite spending around $7.2 billion to acquire Nokia’s phone business, Microsoft isn’t making any money out of Windows Phones and has decided to write off most its Nokia deal to the tune of $7.6 billion today. Microsoft CEO Satya Nadella has been cleaning out former Nokia executives recently, and just made a decision to cut another 7,800 jobs primarily in the company’s phone business. Nadella doesn’t want to be in the business of mass-producing multiple phones anymore — he wants Microsoft to focus on what it can do well with mobile now and in the future. Windows Phones still matter to Microsoft, just not in the traditional sense. Nadella has new plans for Lumia, and they involve flagships, low-cost devices,...

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