Software giant Microsoft Corp on September 3, 2013 announced that it would acquire Nokia's phone business in a transaction valued at $7.2 billion. After selling its handset division, Nokia will focus on growing its networking and mapping businesses. However, it will be an uphill battle for Microsoft to regain market shares in the profitable smartphone market, with Google Android leading with 52 percent, followed by Apple IOS (39.9%), Microsoft (3.1%) and RIM/Blackberry (4.4%). From the handset perspectives, the volumes of handsets shipped in 2012 show that Samsung had a clear lead:
* Samsung 406 million (215.8 million smartphones)
* Nokia 335.6 million (35.1 million smartphones)
* Apple 135.9 million (all smartphones)
From management standpoint, Nokia Oyj CEO Stephen Elop's return to Microsoft will add an additional dimension of jockeying for CEO position which will be vacated by Steve Ballmer within a year.
* Samsung 406 million (215.8 million smartphones)
* Nokia 335.6 million (35.1 million smartphones)
* Apple 135.9 million (all smartphones)
From management standpoint, Nokia Oyj CEO Stephen Elop's return to Microsoft will add an additional dimension of jockeying for CEO position which will be vacated by Steve Ballmer within a year.
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