Microsoft Paying Nokia More Than a Billion for the Manufacture of Windows Phone 7 Devices

While this may me confirmed on many levels, it still remains to be clarified. Bloomberg claims that it has two sources involved deeply in the process citing that there is a flow of $$ from Redmond to Espoo which is in excess of $ 1 billion, directed towards the manufacture of mobile phones holding the MS phone OS. It calls for Microsoft to pay a portion of the agreement before the final merger this year along-with Nokia sending cash in the other direction for device licenses.

Talk about holding the key and the lock in the same hand, still wondering why Nokia didn’t choose Android?

[Bloomberg Businessweek]