Nokia said it expects 2011 and 2012 to be “transition years.” In the long term, it targets an adjusted operating margin at the device division of at least 10%. It was just above 11% in the latest quarter. Meanwhile, gross margins will decline as a result of the royalty payments to Microsoft (MSFT 27.25, -0.25, -0.91%) .

Source

So... nokia pays out royalty payments for ms products, and elop which we already found out as a major stakeholder gains profit LOL LOL LOL LOL

can i call this nokiagate ?