Tuesday, March 8, 2011

Microsoft Pay More One Billion Dollars for Partnering with Nokia

Microsoft Pay More One Billion Dollars for Partnering with Nokia- Nokia Smartphones, Microsoft has agreed to pay more than 1 billion dollars to Nokia in a partnership agreement that was announced some time ago. This payment agreement will be paid after Nokia agreed to use the Phone Windows platform for the upcoming production of smartphone products.
Microsoft will pay a deposit to help Nokia to market and develop a cell phone while the total payments are payable in 5 years. This investment is expected back in the form of royalties as soon as the Nokia began selling phones Windows Phone.

To achieve the target return on investment then Nokia should sell more than 60 million units of smartphones with the assumption that each handset will be charged a royalty fee $ 15. For your information, Microsoft ever said that promises cheap WP 7 on nokia phones. This target is expected to be achieved if they see the current marketing conditions in which Nokia could sell more than 100 million Symbian handsets in the year 2010.

Nokia and Microsoft schedule will begin releasing WindowsPhoneNokia mobilephone in 2012. This effort for Microsoft to compete with other mobile OS-based smartphones such as Android and IOS.
Microsoft Pay More One Billion Dollars for Partnering with Nokia
Via Bloomberg, Business Insider

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