Linked by Thom Holwerda on Thu 20th Jun 2013 18:29 UTC, submitted by MOS6510
PDAs, Cellphones, Wireless So, The Wall Street Journal is reporting that Microsoft was very close to take over Nokia, but that the talks eventually broke down, probably beyond repair - at least for now. The reasons the talks broke down illustrate something that I have repeatedly tried to make clear for a long time now: Nokia isn't doing well.
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bentoo
Member since:
2012-09-21

Nope. The quarterly "platform support" payments are definitely in cash, not "funny money." Even if they pay back the total amount in licensing fees it's still a net gain for Nokia.

Reply Parent Score: 4

tylerdurden Member since:
2009-03-17

Can you provide a reference to the actual structure of the contract? I have heard otherwise.

Microsoft is most definitively known as a profitable entity, not a charity.

Edited 2013-06-21 05:16 UTC

Reply Parent Score: 2

bentoo Member since:
2012-09-21

Can you provide a reference to the actual structure of the contract? I have heard otherwise.

Microsoft is most definitively known as a profitable entity, not a charity.


It's in the Nokia quarterly financial disclosures.

Reply Parent Score: 2

cdude Member since:
2008-09-21

Actually past quarters Nokia's license fees where higher then the platform-support payments received from Microsoft.

Reply Parent Score: 5

bentoo Member since:
2012-09-21

Actually past quarters Nokia's license fees where higher then the platform-support payments received from Microsoft.


True, but they are still ahead the money that Microsoft paid in platform payments ($250M - $250M = $0 whereas $0 - $250M = -$250M).

Reply Parent Score: 3