Microsoft Made $250M in 'Platform Support Payments' to Nokia
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.
Microsoft Makes Branding Change Official
Microsoft today indicated its branding transition from Nokia Lumia to Microsoft Lumia is progressing as planned. Microsoft has slowly been rebranding apps, services, and web sites from Nokia to Microsoft.
Microsoft's Lawsuit Against Samsung May Proceed
Samsung has lost its bid to delay a trial with Microsoft, which is seeking interest payments of $6.9 million on patent licenses. Samsung and Microsoft forged an agreement in 2011 in which Samsung agreed to pay royalties for patents Microsoft holds that are used in the Android operating system.
Microsoft and Samsung Bury the Patent Hatchet
Microsoft and Samsung have come to terms ending a dispute over patents and royalty fees. Google's Android operating system uses a number of patented Microsoft technologies and Android handset makers pay Microsoft a fee to use them.
Microsoft Wallet Gains Tap-to-Pay Functionality
Microsoft today updated its Microsoft Wallet app and gave Lumia smartphone owners the ability to make mobile payments at supporting retailers. Windows Mobile has long included a Wallet app, but until today it was reserved for loyalty cards and other retail programs.