When Microsoft and Nokia announced their partnership to produce Windows Phone 7 smartphones, we heard rumors that Microsoft were paying Nokia a large amount of money to put Windows Phone 7 on their smartphones.
It was reported at the time that the reason Nokia chose Microsoft over Google’s Android OS, was because of the amount of cash Nokia would receive from Microsoft.
Now it seems that Microsoft will end up paying Nokia around $1 billion to use Windows Phone 7 in its smartphones, according to a recent report by Bloomberg.
According to Bloomberg, Nokia will pay Microsoft a fee for each Windows Phone 7 device is produces, but it looks like the costs will be offset by Microsoft and the deal will run for a five year period.
Filed Under: Mobile Phone News, Technology News