Microsoft Spends $1 Billion on Nokia Deal

Microsoft
Microsoft
Microsoft

Bloomberg reports that Microsoft is paying Nokia $1 billion to develop Windows Phone handsets. Nokia will pay Microsoft royalties for each phone using Windows and allows both companies to lower costs. Will the boost to Windows’ platform be worth $1 billion in the long run? We’ll see.

About Shelly Palmer

Shelly Palmer is the Professor of Advanced Media in Residence at Syracuse University’s S.I. Newhouse School of Public Communication and the CEO of The Palmer Group, a consulting practice that helps Fortune 500 companies with technology, media and marketing. Named LinkedIn’s “Top Voice in Technology,” he covers tech and business for Good Day New York, writes a weekly column for Adweek, and is a regular commentator on CNN and CNBC and writes a popular daily business blog. He’s the Co-Host of the award-winning podcast Techstream with Shelly Palmer & Seth Everett and he hosts the Shelly Palmer #CryptoWednesday Livestream. Follow @shellypalmer or visit shellypalmer.com.

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