Nokia Lumia

Last year when Microsoft bought Nokia for $7.2 billion, outgoing Microsoft CEO Steve Ballmer had termed it as "a bold step into the future.". As per the deal, Microsoft had bought the services and hardware division, along with tons of…

In 2007, Nokia was the undisputed champion and the biggest brand in the mobile phone industry but it is no longer a heavy weight. Nokia which was valued at $150 Billion in 2008 but has now slipped to an overall valuation of only $6 Billion.…