It seems like no matter how successful Microsoft is, public perception says the company is scrambling to catch up to Apple. Actually, despite the negative press, Microsoft is right on Apple's heels in terms of growth over the last year. In fact, over the last 12 months, Microsoft's revenue growth rate is twice Apple's, and Microsoft also sold almost a million more phones than Apple did in the second quarter.
Today's news probably won't do anything to squash that sentiment. A leaked internal memo indicates that Microsoft is officially ending the Nokia and Windows Phone brands.
If you have a Nokia or Windows Phone, nothing will change. In fact, Nokia and Microsoft are as committed as ever to building smartphones. They just won't be referred to by the Windows Phone or Nokia names after this.