Microsoft paid Nokia $250 million to use Windows Phone
0. phoneArena 26 Jan 2012, 07:31 posted on
Nokia just posted its hugely anticipated Holiday quarter results and summed up its financials for 2011. Not surprisingly, the company posted a huge loss of nearly $1.4 billion…
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1. ChiX017 (Posts: 307; Member since: 09 Nov 2011)
not really, I mean others did not sign the type of agreement Nokia was squeezed into signing, besides its going to be their only life line..
2. Bluesky02 (Posts: 1429; Member since: 05 Dec 2011)
In order to get so much funding, i'm sure this agreement included the use of WP OS Only for all smartphone lineup. I guess Microsoft wanted Nokia to represent WP.
3. Jericho (Posts: 301; Member since: 12 Nov 2011)
Microsoft broke my heart.i hate nokia come on.
Going back to my good old android. Atleast google dont take sides. :'(
9. kainy (Posts: 165; Member since: 10 Aug 2011)
Dude you must read again what you just typed...
5. MickDM (Posts: 63; Member since: 29 Nov 2011)
"not surprisingly" because you were aware of the fact that thier Location and Commerce department was recently stood up and is operating at a loss currently? or maybe because you knew that the Nokia/Siemens venture has not performed well at all? certainly not because their phone business MADE $1.16 billion...although it is apparent the suggestion is that the phone business is to blame...are there no boundaries to the anti wp/nokia/verizon slant here? of course nokia is the first & only company to receive monies from an outside entity to aide in development and/or marketing of a new product, right? WOW, Victor!!!! ijs ;)
6. remixfa (Posts: 13882; Member since: 19 Dec 2008)
considering how much MS makes off of Android manufacturers, It should probably read "Android paid Nokia..." lolol :)
7. rex1213 (Posts: 75; Member since: 29 Jul 2011)
If I remember it right, it was mentioned that Microsoft will pay Nokia more than $1 billion to promote and develop Windows Phone 7-based handsets as part of their smartphone software agreement yet only now it is reported that the sum just ticks around $250 Million?
I don't know if the dollars that Nokia will be receiving from Microsoft is printed on the agreement that Nokia and Microsoft made to pursue the deal, but if it is there and if it states there that Nokia will be receiving $1billion of funding from Microsoft, then I think Nokia has the right to sue Microsoft for breach of contract. Except that, Nokia will not do it because Elop is a mole from Microsoft anyway.
8. ivanko34 (Posts: 617; Member since: 04 Sep 2011)
1 million phones
$250 for each phone
10. -box- (Posts: 3470; Member since: 04 Jan 2012)
I don't see why the other manufacturers would be upset about lower royalties: they can always make that money with another Android model, whereas Nokia is WP7-exclusive for their new smartphones.