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Nokia will get help from Microsoft

Written By Unknown on Wednesday, May 9, 2012 | 1:04 AM

GadgetFan - Crisis faced by Nokia are likely to continue to happen and even worse. Nokia also continues to struggle to not lose customers and the entire smartphone market share in the world.

The Finnish company continues to decline since the last five years and is slowly losing market share for smart phone market and the global market. A news circulated that if conditions continue to decline Nokia, Nokia will seek assistance from Microsoft.

Help from Microsoft is considered the most appropriate choice to help Nokia from the downturn. Microsoft currently have poured funds of U.S. $ 1 billion per year to help Nokia develop phones based on Windows Phone. Development of Windows-based smart phones from Nokia Phone did not go smoothly. This is evident from the lack of enthuses Nokia Lumia market.

Sami Sarkamies, an analyst at Nordea, express and feel confident that Microsoft will step in to help Nokia if the vendor is a lack of funds. Microsoft is expected to flow of funds to Nokia in the form of loans or the purchase of shares, rather than have it in full.
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