A Cool One Billion - Cash

When the news came out that Nokia stands to make over $1bn in payments from Microsoft for its joint venture deal to develop and promote a Windows7 mobile phone, the reactions were more than varied.

There were those who thought, "Hmmm.  Not bad for a company that's been systematically losing marketshare" or "Well, they certainly needed a boost - and got one."

Then there was Google's reaction - which was so eloquently expressed by the anonymous executive quote:
Two turkeys don't make an eagle.
Whoever that person is - you just gotta love someone who says something like that about two world-leading companies...no matter what their current status might be.

We'll leave it to time to see just how the deal plays out.


Microsoft Rumored to Pay Nokia $1 Billion in Windows Phone Deal (DigitalTrends)