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Headline: Nokia CEO: Co. to get billions from Microsoft Fine print: Nokia will be contributing its Ovi mapping service and will be paying Microso
by thought_alarm 16y ago
Headline:
Nokia CEO: Co. to get billions from Microsoft
Fine print:
Nokia will be contributing its Ovi mapping service and
will be paying Microsoft royalties for the use of its
software, as other manufacturers do. It will save money
by not continuing development of its own software. The
net benefit is still in the billions, he said.
In other words, Nokia is saving billions by licensing WP7 and laying off most of its workforce.
So it's exactly as everyone first assumed. Nokia is not getting "huge payments from Microsoft". Nokia is merely licensing WP7.