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An MS buyout is exactly the end of the Nokia story I'd anticipated once they set the Windows Phone course, so I guess the only thing I'm surprised about was that it somehow fell apart.

Looking back, maybe I overestimated the value of Nokia's patents and distribution reach -- maybe the patent war flamed up/out too fast, maybe competition already made the distribution moot.

Or maybe it's hard to convince MS that Nokia really has much value to offer them after they were essentially able to get Nokia to yield significant control to them for almost nothing.

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