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Bloomberg: Microsoft Paying Nokia Over $1 Billion Over 5 Years

By on March 7, 2011

Bloomberg is reporting and citing its own sources regarding the recent Nokia-Microsoft tie-up and stating that Nokia stands to gain over a billion dollars over a period of more than five years for becoming one of Microsoft’s biggest hardware partners and subsequently shifting its strategy from Symbian and MeeGo to Windows Phone 7, with the first devices slated for late this year.

This contrasts with previous statements given by CEO Stephen Elop who declined to give an exact figure in terms of investment for choosing Windows Phone 7 during its MWC keynote, only stating that it was “in the billions” of dollars for the deal. 

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Humberto Saabedra is the Editor-in-Chief of AnimeNews.biz, PhoneNews.com and an occasional columnist for Ani.me. He can also be found musing on things at @AnimeNewsdotbiz

2 responses to “Bloomberg: Microsoft Paying Nokia Over $1 Billion Over 5 Years”

  1. Nokia gets from Microsoft over $1 Billion over 5 years!
    Nokia gets from Microsoft over $1 Billion over 5 years! March 7, 2011 at 10:54 pm |

    […] phonenews.com Tags: Financiar Microsoft and Nokia, Microsoft, Microsoft helps Nokia, Nokia, Nokia and […]

  2. HehHeh
    HehHeh March 8, 2011 at 7:24 am |

    Is anyone else baffled why between this billion and the billion in advertising that WP7 isn’t really going anywhere? How much money do you need to throw into something before the words FAIL start to chime in?

    Looks like the only sales this phone receives is from the other Microsoft platforms, what does Android and Apple have to pay to get the job done?