Microsoft Spends $1 Billion on Nokia Deal


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 Communications and 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, is a regular commentator on CNN and writes a popular daily business blog. He's a bestselling author, and the creator of the popular, free online course, Generative AI for Execs. Follow @shellypalmer or visit



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