BARCELONA, SPAIN: Nokia's CEO on Sunday touted its recent alliance with Microsoft, saying it would be worth billions to the Finnish cellphone maker, which is seeking to catch up in the fiercely competitive smartphone market.
Nokia announced on Friday that it was teaming up with Microsoft to take on Google and Apple in the smartphone market.
"Microsoft is contributing to Nokia substantial monetary value," Stephen Elop said on Sunday in a presentation ahead of the Mobile World Congress in Barcelona.
"Some people interpret that to be in the millions or tens of millions," said Elop, who left Microsoft to take the helm of Nokia in September.
It was, however, a much better deal than that for Nokia, Elop said because it "is measured in the B's not M's."
While Nokia was clearly dependent on Microsoft's Windows phone, Elop said Microsoft was also putting a "very significant bet on Nokia delivering location-based services News from Daily Mobile.se: Nokias CEO Stephen Elop talkes about Nokias future at Mobile World Congress 2011. Do you guys think that Nokia will have a chance against Android now when they have teamed-up with Microsoft?The Nokia N8 goes prime time! Here’s a new 30-second TV spot that airs during the Gram mys (Feb 13th) and the Academy Awards (Feb 27th). The singer says, “Don’t fence me in,” while the speaker says, “Made for making… the Nokia N8Nokia's Windows Phone 7 based concept phone renders got leaked earlier this week. Today at the Nokia event we got confirmation from Jo Harlow that these concepts were a culmination of two months of combined work by Nokia's hardware engineers and Microsoft's software engineers...
Nokia announced on Friday that it was teaming up with Microsoft to take on Google and Apple in the smartphone market.
"Microsoft is contributing to Nokia substantial monetary value," Stephen Elop said on Sunday in a presentation ahead of the Mobile World Congress in Barcelona.
"Some people interpret that to be in the millions or tens of millions," said Elop, who left Microsoft to take the helm of Nokia in September.
It was, however, a much better deal than that for Nokia, Elop said because it "is measured in the B's not M's."
While Nokia was clearly dependent on Microsoft's Windows phone, Elop said Microsoft was also putting a "very significant bet on Nokia delivering location-based services News from Daily Mobile.se: Nokias CEO Stephen Elop talkes about Nokias future at Mobile World Congress 2011. Do you guys think that Nokia will have a chance against Android now when they have teamed-up with Microsoft?The Nokia N8 goes prime time! Here’s a new 30-second TV spot that airs during the Gram mys (Feb 13th) and the Academy Awards (Feb 27th). The singer says, “Don’t fence me in,” while the speaker says, “Made for making… the Nokia N8Nokia's Windows Phone 7 based concept phone renders got leaked earlier this week. Today at the Nokia event we got confirmation from Jo Harlow that these concepts were a culmination of two months of combined work by Nokia's hardware engineers and Microsoft's software engineers...
ttp://www.sciencedaily.com/releases/2010/06/10062208135
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