Whoa nelly. A few quick thoughts:
2) This seems to take the drama out of the Microsoft CEO search. Nokia CEO Stephen Elop (a former Microsoftie) was already widely considered a leading contender — and now Microsoft has 7.2 billion more reasons to go with him. It also seems likely he would be a good candidate to carry out the “One Microsoft” initiative that Steve Ballmer has already put in place.
3) Fairly big demotion for Julie Larson-Green following her big promotion just last year. Unless… see: #2.
4) So why not just announce Elop as the new CEO now? Because the deal won’t close until Q1 2014. The biggest potential hiccup there is Nokia shareholders approving it.
5) From a pure dollar perspective, this seems to be quite the deal from what Microsoft was rumored to be considering paying just a few years ago.
6) Though it’s not nearly as good of a deal as Apple got to bring Steve Jobs back on board — $400 million in 1996 dollars.
7) Microsoft is taking on 32,000 new employees?!
8) It’s actually a pretty decent use of overseas cash, which would otherwise be taxed if repatriated.
9) Lighting the money on fire would have also saved it from being taxed.