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Financial management - Assignment Example

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Microsoft Corporation develops, licenses, and supports a range of software products and services for various computing devices worldwide (Local news now, 2014). Nokia is a leader in the fields of network infrastructure, location-based technologies and advanced technologies…
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Project Management Table of Contents 0Data of stock prices movements for the last few days (nasdaq, . 3 2.0Overview of Microsoft and Nokia 6 3.0The Deal 6
4.0Projections 7
References 8
1.0 Data of stock prices movements for the last few days (nasdaq, 2014).
Nokia Corporation (NOK)
 
 
 
Date
Open
High
Low
Close / Last
Volume
 
 
 
 
 
 
25/04/2014
7.42
7.435
7.2
7.27
12,892,990
24/04/2014
 7.29
 7.33
 7.20
 7.255
18,346,890
23/04/2014
7.39
7.39
7.27
7.3
9,527,170
22/04/2014
7.545
7.55
7.45
7.47
17,243,910
21/04/2014
7.35
7.45
7.3
7.43
16,083,400
17/04/2014
7.39
7.41
7.33
7.34
16,550,740
16/04/2014
7.2
7.33
7.19
7.3
22,252,780
15/04/2014
7.275
7.34
7.06
7.15
26,852,660
14/04/2014
7.31
7.36
7.25
7.34
18,081,620
11/04/2014
7.49
7.585
7.37
7.41
17,463,750
10/04/2014
7.81
7.84
7.57
7.64
17,022,960
09/04/2014
7.685
7.84
7.62
7.81
32,774,280
08/04/2014
7.59
7.78
7.52
7.58
69,648,840
07/04/2014
7.34
7.3899
7.14
7.22
25,555,560
Microsoft
 
 
 
 
 
Date
Open
High
Low
Close / Last
Volume
 
 
 
 
 
 
25/04/2014
40.29
40.68
39.75
39.91
56,869,690
24/04/2014
 39.74
 39.97
 39.30
 39.435
41,840,750
23/04/2014
39.99
39.99
39.47
39.69
24,556,290
22/04/2014
39.96
40.14
39.83
39.99
27,052,740
21/04/2014
40.13
40.15
39.79
39.94
22,200,560
17/04/2014
40.01
40.195
39.51
40.01
36,688,000
16/04/2014
40.06
40.415
39.905
40.4
30,282,610
15/04/2014
39.34
39.96
39.05
39.75
33,966,410
14/04/2014
39.11
39.41
38.9
39.18
32,005,420
11/04/2014
39
39.79
39
39.209
34,329,160
10/04/2014
40.44
40.69
39.09
39.36
45,936,930
09/04/2014
39.93
40.55
39.88
40.47
27,331,630
08/04/2014
39.75
39.93
39.2
39.82
35,918,620
07/04/2014
39.96
40.27
39.74
39.8
37,543,980
 
 
Date
Nokia stock close prices in USD
7-Apr-14
7.22
8-Apr-14
7.58
9-Apr-14
7.81
10-Apr-14
7.64
11-Apr-14
7.41
14-Apr-14
7.34
15-Apr-14
7.15
16-Apr-14
7.3
17-Apr-14
7.34
21-Apr-14
7.43
22-Apr-14
7.47
23-Apr-14
7.3
24-Apr-14
7.26
25-Apr-14
7.27
Figure 1
Days in April 2014
Data source: (nasdaq, 2014).
date
Microsoft stock close prices in USD
7-Apr-14
39.8
8-Apr-14
39.82
9-Apr-14
40.47
10-Apr-14
39.36
11-Apr-14
39.209
14-Apr-14
39.18
15-Apr-14
39.75
16-Apr-14
40.4
17-Apr-14
40.01
21-Apr-14
39.94
22-Apr-14
39.99
23-Apr-14
39.69
24-Apr-14
39.44
25-Apr-14
39.91
Figure 2
Days in April 2014
Data source: (nasdaq, 2014).
2.0 Overview of Microsoft and Nokia
Microsoft Corporation develops, licenses, and supports a range of software products and services for various computing devices worldwide (Local news now, 2014). Nokia is a leader in the fields of network infrastructure, location-based technologies and advanced technologies (Nokia, 2013).
3.0 The Deal
There was a deal which was completed in April 25th 2014 where Microsoft and the Nokia Devices and Services business are coming together as one to deliver a family of devices and services that will delight consumers and empower businesses. The acquisition has been approved by Nokia shareholders and by governmental regulatory agencies around the world. The completion of the acquisition marks the first step in bringing these two organizations together as one team (Microsoft, 2014).
Where do Nokia and Microsoft go from here? Since the deal was first announced last September, it was evident that this was a win-win situation for both sides. Nokia can get on with growing its solutions and networks division without the albatross of its money-losing mobile phone unit around its neck (fool.com, 2014).
For Microsoft, a late transition to the 21st century will be realized in the next couple of days. Its about time. The completion of the Nokia Devices and Services business acquisition April 25 will enable Microsoft to accelerate its share of smart phones and feature phones in developed and emerging markets, and increase its role as a devices and services company. (Local news now, 2014).
Microsoft will target the affordable mobile devices market, a $50 billion annual opportunity, delivering the first mobile experience to the next billion people while introducing Microsoft services to new customers around the world (Microsoft, 2014).  Microsoft will continue to deliver new value and opportunity, and it will work closely with a range of hardware partners, developers, operators, distributors and retailers, providing platforms, tools, applications and services that enable them to make exceptional devices. With a deeper understanding of hardware and software working as one, the company will strengthen and grow demand for Windows devices overall (marketwatch, 2014).
4.0 Projections
Industry watchers thought it was a "win-win solution" for both of the enterprises. "Microsoft has always been trying to expand its mobile Internet market, and Nokia, whose manufacturing technology for handsets is advanced, urgently needs to look for a savior," Cao Yujie, director of consultants for IT market research agency CCW Research, told the Global Times. Forgoing the manufacturing operations in South Korea, and likely doing the same in India, will have an impact. Based on little to no stock price movements of Microsoft and Nokia in the last couple days, investors appear to be relieved more than excited (fool.com, 2014). Analysts argue that this will not affect prices in short term since mobile phone market is undergoing a period of integration (globaltimes, 2014).
Already from our data used to plot the stock movements, the prices of Microsoft have gone up and the volume has also surged. The Nokia stock prices have decreased and also the stock volumes have decreased slightly (nasdaq, 2014).
References
fool.com. 2014. fool.com/investing/general/2014/04/23.[Online]. Available at: http://www.fool.com/: http://www.fool.com/investing/general/2014/04/23/time-to-tweak-the-microsoft-corporation-nokia-deal.aspx[Accessed on:April, 2014]
globaltimes. 2014. globaltimes.cn.[Online]. Available at:http://www.globaltimes.cn/content: Available at:http://www.globaltimes.cn/content/808475.shtml#.U1tht3CLBXw[Accessed on:September,2014]
Local news now. 2014. Localnews now.org. [Online]. Available at: http://www.localnewsnow.org/invest-stocks-microsoft-corporation: http://www.localnewsnow.org/invest-stocks-microsoft-corporation-msft.html#.U1pZx3CLBXw [Accessed on: April, 2014]
marketwatch. 2014. marketwatch.com/story/.[Online]. Available at: http://www.marketwatch.com/: http://www.marketwatch.com/story/microsoft-officially-welcomes-the-nokia-devices-and-services-business-2014-04-25[Accessed on:April,2014]
Microsoft. 2014. microsoft.com/en-us/news/press/2014. [Online].Available at: http://www.microsoft.com/: http://www.microsoft.com/en-us/news/press/2014/apr14/04-25nokiapr.aspx[Accessed on:26 April, 2014]
nasdaq. 2014. nasdaq.com. [Online] Available at:http://www.nasdaq.com/symbol: http://www.nasdaq.com/symbol/nok/historical[Accessed on:26 April, 2014]
nasdaq. (2014, April 26). nasdaq.com. [Online]. Available at: http://www.nasdaq.com/symbol/msft: http://www.nasdaq.com/symbol/msft/historical#ixzz2zpI6qM82[Accessed on:26 April, 2014]
Nokia.2013.company.nokia.com/en/about-us/our-company.[Online].Available at: http://company.nokia.com/:http://company.nokia.com/en/about-us/our-company[Accessed on: May, 2014] Read More
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