The Lumia handsets are officially a hit. They may not have sold as many units as the iPhone 5, the Galaxy S III or the Galaxy Note II, but they are still some of the most popular smartphones released in 2012. This has sparked a much-needed win for Nokia
(NYSE: NOK), which has been struggling to survive the highly competitive smartphone market.Unlike Apple (NASDAQ: AAPL) and Samsung, however, Nokia has not been forced to go at it alone. The company has received quarterly payments from Microsoft
(NASDAQ: MSFT) in the amount of $250 million. This money is used to offset the royalty payments that Nokia pays to Microsoft for using the Windows Phone 8 operating system. Thus far, Microsoft's payments have exceeded the minimum royalty commitment payments that Nokia has been required to pay. This has effectively saved Nokia millions of dollars.Looking ahead, the Lumia maker expects that to change. Nokia announced that for the "remainder of the life of the agreement the total amount of ...
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