Advertisement
UK markets close in 1 hour 44 minutes
  • FTSE 100

    8,123.15
    +44.29 (+0.55%)
     
  • FTSE 250

    19,784.85
    +182.87 (+0.93%)
     
  • AIM

    755.33
    +2.21 (+0.29%)
     
  • GBP/EUR

    1.1674
    +0.0018 (+0.15%)
     
  • GBP/USD

    1.2504
    -0.0007 (-0.06%)
     
  • Bitcoin GBP

    51,248.25
    +512.77 (+1.01%)
     
  • CMC Crypto 200

    1,378.17
    -18.37 (-1.32%)
     
  • S&P 500

    5,085.94
    +37.52 (+0.74%)
     
  • DOW

    38,203.56
    +117.76 (+0.31%)
     
  • CRUDE OIL

    84.06
    +0.49 (+0.59%)
     
  • GOLD FUTURES

    2,354.00
    +11.50 (+0.49%)
     
  • NIKKEI 225

    37,934.76
    +306.28 (+0.81%)
     
  • HANG SENG

    17,651.15
    +366.61 (+2.12%)
     
  • DAX

    18,072.43
    +155.15 (+0.87%)
     
  • CAC 40

    8,062.82
    +46.17 (+0.58%)
     

Microsoft's mobile surrender

Early Wednesday morning, Microsoft announced further reductions to its smartphone hardware business, including the elimination of up to 2,000 jobs, mostly in Finland, where Nokia was based. This is on top of more than 25,000 layoffs related to its smartphone business since it bought Nokia in 2014.

This chart from Statista shows why. Global market share for Microsoft's phone platforms dipped below 1% in Q1 2016. That's barely a footnote.

Microsoft still has opportunities in mobile computing. It can sell mobile versions of other apps and services for Android and iOS, and can sell software and services to help large organizations manage their mobile phones. But as far as putting Windows on phones, or making a dent in the phone business, it's over.

20160525_Windows_Phone
20160525_Windows_Phone

(Statista)

ADVERTISEMENT

NOW WATCH: How to see everything Google knows about you



More From Business Insider