Microsoft (MSFT) Nokia Deal is Just Another Yammer - Global Equities

September 3, 2013 8:19 AM EDT
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Global Equities Research analyst Trip Chowdhry likens Microsoft (NASDAQ: MSFT) purchase of Nokia Devices and Services Business for $7.1 billion to its purchase of Yammer for $1.2 Billion in January 2012.

"Come August 2013, continues to change the Industry...what has happened to Yammer, is anybody's guess...," Chowdhry said.

He added, "Had Microsoft acquired Nokia in 2005, we would have thought that to be ground breaking, not in 2013, when the Smart Phone Industry is already well defined."

On Elop re-joining Microsoft, he comments, "We don't think investors should be excited by Stephen Elop re-joining Microsoft as under his leadership Nokia continued to lose market share."

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