Editing Microsoft Corporation (section)

=== Strategic Developments: Bold Moves and Innovations   ===
2013 was a year of significant business initiatives and strategic developments for Microsoft, aligning with its 'mobile-first, cloud-first' vision. The introduction of '''Office 365 Home Premium''' revolutionised how consumers accessed Microsoft’s productivity suite, offering a subscription-based model that expanded its reach across 162 markets.<ref>{{cite web |url=https://www.microsoft.com/en-us/microsoft-365-life-hacks/stories/looking-back-ten-years-microsoft-365 |quote=Office 365 Home Premium launched in 2013, offering subscription-based access to the Microsoft Office suite and expanding to 162 markets. }}</ref> Simultaneously, '''Microsoft Azure''' continued to solidify its position as a leading cloud computing platform, focusing on AI, intelligent data, and infrastructure modernisation to drive innovation.<ref>{{cite web |url=https://azure.microsoft.com/en-us/explore/innovation-insights |quote=Microsoft Azure in 2013 focused on AI, intelligent data, and infrastructure modernization, driving innovation in cloud computing. }}</ref>  

On the hardware front, the acquisition of '''Nokia’s devices and services business''' for $7.2 billion was a significant step in Microsoft’s mobile strategy, though it later faced challenges, culminating in a $7.6 billion write-off in 2015.<ref>{{cite web |url=https://www.nytimes.com/2013/09/04/technology/microsoft-acquires-nokia-units-and-leader.html |quote=Microsoft acquired Nokia's devices and services business for $7.2 billion in 2013, later writing off $7.6 billion in 2015. }}</ref> The year also saw Microsoft grappling with the '''$900 million inventory adjustment charge for Surface RT''', a setback that highlighted the complexities of its hardware ventures.<ref>{{cite web |url=https://www.zdnet.com/article/microsofts-900-million-surface-rt-write-down-how-did-this-happen/ |quote=Microsoft announced a $900 million inventory adjustment charge for Surface RT in 2013, impacting its hardware strategy and financial performance. }}</ref> Despite these hurdles, Microsoft’s focus on cloud computing and enterprise solutions remained unwavering, setting the stage for its future dominance in these areas.