Tuesday, February 21, 2017
Search
  
Submit your own News for
inclusion in our Site.
Click here...
Breaking News
Google Dominates VR Headset Shipments But Samsung Gets The VR Revenues
Intel Announces 5G Mobile Trial Platform
Verizon and Yahoo Agree to Lowered $4.48 billion Deal
New Snapdragon X20 LTE Modem Is Paving the Way for 5G
TrendForce Sees Three New iPhones Coming This Year, Including AMOLED Model With 3D Facial Recognition Function
New LG X400 Smartphone Launches In Korea
Samsung to Exhibit New VR Projects at Mobile World Congress 2017
Intel Optane Memory Products Will Run Only On Systems With 7th Generation Intel Processors
Active Discussions
Which of these DVD media are the best, most durable?
How to back up a PS2 DL game
Copy a protected DVD?
roxio issues with xp pro
Help make DVDInfoPro better with dvdinfomantis!!!
menu making
Optiarc AD-7260S review
cdrw trouble
 Home > News > Mobiles > Microso...
Last 7 Days News : SU MO TU WE TH FR SA All News

Thursday, March 07, 2013
Microsoft To Pay Nokia More Than It Receives For Windows Phone Royalties


Nokia on Thursday disclosed that it will receive more royalty payments from Microsoft than it pays to the software giant this year.

Nokia's today filed its annual report on Form 20-F for 2012 with the US Securities and Exchange Commission. In the report, along with the company's longer-term financial targets, the company provided additional information in relation to its agreement with Microsoft.

Nokia, which adopted Microsoft's Windows Phone software for its mobile phones in 2011, said its payments to Microsoft will exceed what it receives from the U.S. company by around $650.00 million over the remainder of the agreement to pay each other royalties.

Nokia's agreement with Microsoft includes platform support payments from Microsoft to the Finish company as well as software royalty payments from Nokia to Microsoft.

Under the terms of the agreement governing the platform support payments, the amount of each quarterly platform support payment is USD 250 million. The two companies have a competitive software royalty structure, which includes annual minimum software royalty commitments that vary over the life of the agreement. Software royalty payments, with minimum commitments are paid quarterly. Over the life of the agreement, both the platform support payments and the minimum software royalty commitments are expected to measure in the billions of US dollars.

Nokia says that over the life of the agreement, the total amount of the platform support payments will slightly exceed the total amount of the minimum software royalty commitment payments. As of the end of 2012, the amount of platform support payments received by Nokia has exceeded the amount of minimum software royalty commitment payments made to Microsoft, thus the net cash flows have been in Nokia's favor.

"As a result, the remaining minimum software royalty commitment payments are expected to exceed the remaining platform support payments by a total of approximately EUR 0.5 billion over the remaining life of the agreement," Nokia says.

However, in 2013 the amount of the platform support payments is expected to slightly exceed the total amount of the minimum software royalty commitment payments, thus the net cash flows are still expected to be slightly in Nokia's favor.


Previous
Next
Facebook Redesigned        All News        Apple Wins Patent Fight Against Samsung
Android Faces Most Malware Threats     Mobiles News      Apple Wins Patent Fight Against Samsung

Get RSS feed Easy Print E-Mail this Message

Related News
BlackBerry Sues Nokia Over Patents
Microsoft's Outlook.com Premium Emal Service Now Available
Microsoft To Give A Face Lifting To Windows 10 With 'Project NEON'
Microsoft Edge Will Soon Get New Features
Nokia Launches Digital Assistant For Telecommunications Operators
Cloud Services Boost Microsoft's Sales And Profit
Microsoft Announces Intune for Education And New Windows 10 PCs for School
Nokia Rumored To Develop Own "Viki" Mobile Digital Assistant
HMD's Nokia 6 Smartphone Set For Release In China
Nokia OZO Partners with Youku to Create and Distribute 3D 360 VR Content
Microsoft, NXP Semiconductors, IAV and Auto Mobility Partners showcase Technologies For Safe And Personalized Automated Friving at CES 2017
Nokia Files More Suits Against Apple

Most Popular News
 
Home | News | All News | Reviews | Articles | Guides | Download | Expert Area | Forum | Site Info
Site best viewed at 1024x768+ - CDRINFO.COM 1998-2017 - All rights reserved -
Privacy policy - Contact Us .