Phone Scoop

printed March 29, 2015
See this page online at:

Home  ›  News  ›

Microsoft Made $250M in 'Platform Support Payments' to Nokia

Article Comments  

Jan 26, 2012, 8:06 AM   by Eric M. Zeman   @phonescooper

Nokia's most recent quarterly results show that Microsoft paid the company $250 million for adopting Microsoft's Windows Phone 7 platform. "Our broad strategic agreement with Microsoft includes platform support payments from Microsoft to us as well as software royalty payments from us to Microsoft," said Nokia. "We have a competitive software royalty structure, which includes minimum software royalty commitments. Over the life of the agreement, both the platform support payments and the minimum software royalty commitments are expected to measure in the billions of U.S. dollars." Nokia reported that it has sold more than one million Lumia smartphones to-date, but it recorded a loss for the quarter of $1.4 billion.

more info at Nokia »



Forum Options

This forum is closed.

Subject Author Date
No messages.
Page  1  of 1

This forum is closed.

Subscribe to Phone Scoop News with RSS Follow @phonescoop on Twitter Phone Scoop on Facebook Phone Scoop on Google+ Subscribe to Phone Scoop on YouTube Follow on Instagram


All content Copyright 2001-2015 Phone Factor, LLC. All Rights Reserved.
Content on this site may not be copied or republished without formal permission.