Nokia got $250 million to adopt Windows Phone

Posted on Thursday, January 26 2012 @ 21:45 CET by Thomas De Maesschalck
Nokia's financial results reveal Microsoft paid the Finnish cell phone maker $250 million in Q4 2011 for adopting Windows Phone, under an agreement that will earn Nokia a total sum "in the billions of US dollars".
Microsoft paid Nokia $250m in Q4 2011 for adopting Windows Phone, the Finnish company’s financial results today have revealed, the first of a “platform support payments” scheme expected to eventually account for billions of dollars. The two companies have always declined to put an exact figure on the “significant investments” Nokia would receive, though this new stat lends weight to earlier talk of over a billion in Microsoft subsidies.
Source: Slashgear


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Thomas De Maesschalck

Thomas has been messing with computer since early childhood and firmly believes the Internet is the best thing since sliced bread. Enjoys playing with new tech, is fascinated by science, and passionate about financial markets. When not behind a computer, he can be found with running shoes on or lifting heavy weights in the weight room.



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