Microsoft’s acquisition of Nokia’s devices and services business was finalized last Friday but Nokia had one last gift for the new owner of its handset business: plummeting phone sales. Nokia on Tuesday reported its results for the first quarter of 2014, which included a $421 million profit on revenue totaling $3.7 billion, down 15% on […]

Nokia may have sold its mobile and tablet business, but it will live on. Its latest earnings report highlights the dire state of affairs Microsoft has just inherited through the purchase of Nokias Devices and Services division. Although Nokia is vague about precise sales, device revenues were down 30 percent from last year, from €2.77 billion […]