“Personally, I don’t believe Microsoft will buy Nokia. We make software, not hardware,” Binkofski said within the forum ZF Digital ’11.
Microsoft is the world’s largest software maker, while Nokia was the leader of the mobile phone market before 2011, in terms of sales. In 2011, Nokia lost both the title as the largest producer of smartphones and the title as the largest producer of mobile phones.
In February, Nokia and Microsoft concluded an agreement whereby Nokia would primarily use Windows Phone for its mobile phones.
The partnership, as well as pressure from the competition of Google and Apple, fueled speculation that Microsoft would take over Nokia.