Microsoft Paid Nokia $250 Million For Adopting Windows Phone, Nokia Q4 2011 Earnings Report Revealed

Posted on Jan 26 2012 - 3:44pm by Editorial Staff

Nokia and Microsoft have “been silent” from quite a longer time about their Windows Phone partnership – but with the announcement of Finnish mobile maker, Nokia’s Q4 2011 earnings report, it’s confirmed that the companies were in partnership – Microsoft paid $250 million to Nokia for adopting Windows Phone.

“Our broad strategic agreement with Microsoft includes platform support payments from Microsoft to us as well as software royalty payments from us to Microsoft” Nokia said in its results today. ”We have a competitive software royalty structure, which includes minimum software royalty commitments.”

The manufacturer receives platform support payments from Microsoft which in turn receives software licensing payments from Nokia – this is what it calls the software giant, Microsoft paid the mobile maker, Nokia a huge $250 million to use its Windows phone.

“Over the life of the agreement” Nokia says, “both the platform support payments and the minimum software royalty commitments are expected to measure in the billions of US Dollars.”

(Image Source: MyNokiaBlog)

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