Monday, November 30, 2015
Submit your own News for
inclusion in our Site.
Click here...
Breaking News
TDK To Buy Semiconductor Factory From Renesas Electronics
Swatch Parners With Visa On Pay-by-the wrist Payments
Amazon Unveils New Drone For Prime Air Delivery
Google Glass Evoluion Could Be A Monocle
NSA's Phone Surveillance Program Changes
Lenovo and Razer Partner to Make Gaming PCs
LG Display Makes Huge Investment in OLED Panels
Sony To Bring Remote Play Feature To PS4
Active Discussions
How to back up a PS2 DL game
Copy a protected DVD?
roxio issues with xp pro
How to burn a backup copy of The Frozen Throne
Help make DVDInfoPro better with dvdinfomantis!!!
Copied dvd's say blank in computer only
menu making
Optiarc AD-7260S review
 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.

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
New Nokia 230 and Nokia 230 Dual SIM Phones Coming Next Month
Black Friday Deals on Microsoft device
Microsoft Offers Movies, Music, Games, And Apps For just 10 Cents
Microsoft Starts Selling The New Lumia 950 Phones
Microsoft To Store Customers' Data in Germany
Microsoft To Offer Cloud Services From Data Centers Based in The UK
Microsoft Band Available Today
Microsoft Opens Flagship Store on New York City’s Fifth Avenue
Microsoft Buys Havok
Microsoft Works On A Laptop Battery System That Adapts To Your Habits To Last Longer
Microsoft Expands Licensing Agreements With Asus, I-O Data
Google, Microsoft Resolve Global Patent Fight

Most Popular News
Home | News | All News | Reviews | Articles | Guides | Download | Expert Area | Forum | Site Info
Site best viewed at 1024x768+ - CDRINFO.COM 1998-2015 - All rights reserved -
Privacy policy - Contact Us .