Nokia reports "well over" 1m Lumia phones sold to date, outs $250m payment from MicrosoftAlex Wagner - Editorial Director of News and Content
Earlier today Nokia released its Q4 2011 earnings report, and contained within it were a couple of interesting tidbits related to the company's Lumia handsets and Windows Phone. Nokia kicked off its report by saying that its sold "well over" one million Lumia handsets to date. So far Nokia has launched both the Lumia 710 and Lumia 800 overseas, with the Lumia 710 debuting on T-Mobile here in the U.S. earlier this month. AT&T will be joining in on the Lumia fun later this month with the launch of the LTE-enabled Lumia 900.
Also buried in Nokia's financial figures is a number that offers a peek into how Microsoft is compensating the Finnish firm for creating Windows Phone-powered products. Nokia revealed that it received a "quarterly platform support payment" of $250 million from Microsoft in the fourth quarter, adding that it's the first of such payments that it's expecting to receive. The company said that it's sending money Microsoft's way, too, with a "competitive software royalty structure" that includes "minimum software royalty commitments." Over the course of its agreement with Microsoft, Nokia expects both the platform support payments and the minimum software royalty commitments to reach a total in the billions of dollars.
Although sales of over one million Lumia handsets isn't a figure that's going to be melting anyone's brain, it seems as though Nokia is off to a decent start with its Windows Phone devices. It should be interesting to see how Lumia sales figures change in the coming months as the devices continue to invade the U.S., especially if the rumors of AT&T pricing the Lumia 900 at just $100 on launch day hold true. If you want to read further into Nokia's Q4 2011 earnings report, grab a cup of coffee and dive in right here. Are any of you considering picking up a Lumia handset if/when one lands on your respective carrier?