As part of a cooperation agreement to nokia, Microsoft will pay more than $1 billion in costs, used to promote Windows mobile phones and the development of.
Supposedly, nokia will be used for its mobile phone every a Windows software to Office 2010 to pay a fee, but this part will cost because nokia cut their own software research and development budget and quits. The cooperation agreement the validity period of up to five years.
If successful, the cooperation of both sides will is always good for both sides. The collaboration will help them reduce from apple and Google smart phone threats. Since February 11, Accord, nokia has issued shares are down 26%, which suggests that investors for nokia to Microsoft released by less than 6 months of the new operating system be worry, after all, Windows 7 please the market share of the system is still very small.
Nokia last year's operation profit margins by ten years ago 19% to 4.9%, it must cut costs to ensure operating profit margins will no longer continue to slide. Nordic Sami Sarkamies joint bank analysts said last year, nokia products and services for 3 billion euros r&d spending, which is expected to in 2011 and 2012 budget cut a third of the budget.
Microsoft Office 2007 spokeswoman Melissa (Melissa javier Havel) refused to disclose the details of their cooperation agreement. Nokia spokesman Laurie Armstrong (Laurie Armstrong) said it final agreement has not sign, the company will be in the final agreement signed by more detailed again after the content.