Nokia's Windows Phone royalties to exceed $1bn per year Posted: 25-Jan-2013 [Source: ZDNet] [Microsoft provided payments to Nokia during their transition to the Windows Phone OS. Now the tables are turned according to Nokia financial results published yesterday.] Liam Tung -- "Microsoft's $250m quarterly "platform support payments" to Nokia for using Windows Phone has always exceeded Nokia's own royalty payments to Microsoft for the software, but from now on the scales could be tipping the other way. The arrangement has been in place since 2011, when Nokia began using Windows Phone as its primary smartphone platform, and is expected to see the pair exchange billions of dollars over its lifetime. Traditionally, Microsoft has paid more to Nokia than vice versa under the deal, but Nokia has revealed the tables could be turning in its financial results published yesterday." More...
Back to Headlines...
|