Cookies on the Business Insider India website

Business Insider India has updated its Privacy and Cookie policy. We use cookies to ensure that we give you the better experience on our website. If you continue without changing your settings, we\'ll assume that you are happy to receive all cookies on the Business Insider India website. However, you can change your cookie setting at any time by clicking on our Cookie Policy at any time. You can also see our Privacy Policy.

Microsoft's Stock Is Getting Crushed This Morning As Reality Sets In

Jay YarowSep 3, 2013, 17:42 IST

Flickr/Steve JurvestonMicrosoft is down 4.5% this morning on the news that its buying Nokia.

This Nokia deal is a dose of reality for any investor that got optimistic when Steve Ballmer announced he was leaving the company.

Instead of creating a simpler company that focuses on the enterprise like everyone wants, Microsoft seems poised to become an even bigger, more complicated company with more money-losing consumer businesses.

More to come...