Oh, Microsoft! What have you done?!
“Under the terms of the agreement, Microsoft will pay EUR 3.79 billion to purchase substantially all of Nokia’s Devices & Services business, and EUR 1.65 billion to license Nokia’s patents, for a total transaction price of EUR 5.44 billion in cash. Microsoft will draw upon its overseas cash resources to fund the transaction. Microsoft“
Truth be told Nokia was struggling in the Post PC Era (along with every other Windows Phone manufacturer), but with Microsoft assimilating Nokia why would anyone else build a Windows Phone device?
Windows Phone is a great OS (yes, this iFanboy will admit that!) but unless Microsoft can make a better device than Apple then they are going to remain in 3rd place.