The biggest loss that has been recorded in history was the one that Hewlett-Packard had to face. HP took a hit of $8.8 billion as a result of account improprieties at the Britain based software firm that it had acquired. Sprint is yet another company that faced a great amount of loss, approximately worth $4.33 billion in Fiscal 2012.
Sprint is one of the largest wireless carriers in the United States. The loss that which Nokia had was perhaps one of the most notable losses of recent times. Due to an inability of keeping up with the market, the company literally went to dirt.
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