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.
Lumia 950 is Microsoft's Flagship Windows 10 Phone
Oct 6, 2015
Microsoft today announced the Lumia 950 and Lumia 950 XL, its own flagship phones for its new OS, Windows 10. The phones support Windows Continuum for an optional full Windows Desktop experience when connected to a desktop monitor.
Lumia 650 Fills the Middle of Microsoft's Windows 10 Range
Feb 15, 2016
Microsoft today announced the Lumia 650, a $199 Windows 10 handset that bridges the gap between the entry-level Lumia 550 and the pricer Lumia 950 / 950 XL. The Lumia 650 boasts an aluminum frame, slim profile, and high-quality glass.
Microsoft Rolls Out Lumia 950 BOGO Offer
Apr 25, 2016
Microsoft is looking to clear inventory of the Lumia 950 XL and Lumia 950 smartphones, which means consumers can buy one at full price and get the second one for free. The deal is available via Microsoft's U.S.
Sprint Falls to Become No. 4 US Carrier
Aug 4, 2015
Sprint reported its second quarter earnings today and the numbers reveal it has fallen behind competitor T-Mobile in the total number of customers. T-Mobile, which gained a total of 2 million new customers during the second quarter, reported a total customer base on 58.9 million.