News by Andrew Kameka on Thursday January 16, 2014.
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Microsoft executive Frank X Shaw has shot down rumors that suggested that the company plans to invest $2.6 billion in order to entice companies to build Windows Phone handsets. While Shaw did confirm that Microsoft foots the bill for some activity with partners, he called the estimates floated by the rumors "complete fiction." Shaw sent out the following tweet after reading about the story:
"Reality check. Do we do co-marketing with partners? You bet! But these numbers are complete fiction!"
As we suspected yesterday, the numbers floated by rumor hound Eldar Murtazin were too inflated to be trustworthy. Shaw's comments discredit the notion that Microsoft would pay that much to encourage Windows Phone development. It's far more believable to say that Microsoft will offer licensing discounts and advertising support, not write billions worth of checks for an operating system focused on slow growth in the entry-level markets.via: WMPoweruser
Andrew is MobileBurn.com's managing editor. He is based in Miami, Florida.