Should Microsoft Sell Nokia To Lenovo?

Published onJuly 20, 2014

Updated on May 13, 2021

There had been rumors swirling of impending layoffs, but Microsoft Corporation (NASDAQ:MSFT)'s announcement that it would cut 18,000 positions was bigger than anyone expected. That’s 12,500 positions related to Microsoft’s acquisition of Nokia Corporation (ADR) (NYSE:NOK) (BIT:NOK1V) (HEL:NOK1V) earlier this year, and another 5,500 from various underperforming segments such as Xbox Studio. But if the goal is to reallocate cash to its most productive businesses, Forbes contributor Peter Cohan argues that it should just cut its losses and sell Nokia to Lenovo Group Limited (ADR) (OTCMKTS:LNVGY) (HKG:0992) or another interested buyer.