Nokia results. 4th Qtr and Full year. Return to profit.

[NiKKoM]

kowenicki said:

NiKKoM said:
How much was the "platform support payments" from MS to Nokia? that was around the same region as their profits right? Hope they raise it up in the future.. competition is always good

That was in december 2011.  It was in the figures a year ago.

Nokia stated it was a quartly payment for the coming years

 

“Our agreement with Microsoft includes platform support payments from Microsoft to us as well as software royalty payments from us to Microsoft. In the second quarter 2012, we received a quarterly platform support payment of USD 250 million (approximately EUR 196 million). Under the terms of the agreement governing the platform support payments, the amount of each quarterly platform support payment is USD 250 million. We have a competitive software royalty structure, which includes annual minimum software royalty commitments. Minimum software royalty 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. The total amount of the platform support payments is expected to slightly exceed the total amount of the minimum software royalty commitments. In accordance with the contract terms, the platform support payments and annual minimum software royalty commitment payments continue for a corresponding period of time”

http://www.slashgear.com/nokia-microsoft-pays-us-more-than-we-pay-them-but-q3-will-still-be-dire-19239306/

i wonder how much the minimum software royalty commitments are from Nokia to MS are they in the numbers?