Technology research firm Gartner (NYSE: IT ) released a report stating that by 2017, shipments of devices using Google's (NASDAQ: GOOGL ) Android operating system are expected to dwarf shipments of Windows-powered devices. In a last-ditch effort to get back in the race and stem the tide of Google's surging market share, Microsoft (NASDAQ: MSFT ) purchased Nokia's (NYSE: NOK ) handset business and related patents for approximately $7 billion.
In the following video, Motley Fool analysts Joe Tenebruso and Eric Bleeker discuss why it appears Microsoft may have already lost the race to Google and Apple (NASDAQ: AAPL ) , and that this latest acquisition may turn out to be another in a long line of mistakes for the fallen king of software.
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