You almost feel sorry for Nokia. Microsoft probably would have bought them but they didn't want to danger their relationship with other vendors.
Instead they formed this relationship. It is special enough that the other windows vendors don't trust it. All their current customers hate it. Their stock took a 40% hit. They can't come out with a new phone for a year. Meanwhile their market share has fallen from 40% this time last year to 20%. They're now totally dependent on Microsoft's new phone software which is selling poorly.
They got $1 billion for that.
Meanwhile Motorola gets bought by Google. All the other Google partners are cheering because they hope that Google is going to finally ride in like a white knight and counter sue Microsoft and Apple. The media is gushing about new phone designs and set top boxes. Motorola gets $12 billion.