Friday, January 27, 2012

Microsoft's Pays Nokia Millions During Windows Phone Transition - Ina Fried - Mobile - AllThingsD

I suspect Tim Cook finds this amusing

As part of Thursday’s earnings report, Nokia noted it received $250 million from Redmond in the first of many quarterly “platform support payments.” It’s part of what the company says will ultimately be billions of dollars in support of its shift to Windows Phone.

Nokia also notes that it pays Microsoft royalties on each phone and has guaranteed minimum commitments, an amount it also expects to ultimately be measured in the billions of dollars.

Microsoft's Pays Nokia Millions During Windows Phone Transition - Ina Fried - Mobile - AllThingsD

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