Microsoft paid Nokia $ 250 million for Windows Phone support

As part of the quarterly financial report, Nokia showed up $ 250 million in revenue from Microsoft for supporting the Windows Phone platform. The Finnish manufacturer noted that this payment is only the first part of the total amount stipulated in the agreement. Nokia has recognized that it also pays royalties to the software giant.

By the end of this year, Microsoft will transfer another $ 750 million to the Finnish manufacturer. By simple arithmetic operations, it can be calculated that the total amount of payments will be $ 1 billion. Probably, Microsoft is ready to make big sacrifices in order to regain the smartphone market. It’s too early to talk about how effective the strategy of the software giant is at the moment.

Source: Theverge.com

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