Microsoft (NASDAQ: MSFT) has had trouble in its efforts to get app developers to build products for its Windows mobile OS. Most developers continue to focus on the Apple (NASDAQ: AAPL) apps which run on iPhones and iPads. These developers have been attracted to a lesser extent by the immensely popular Google (NASDAQ: GOOG) Android platform. The Microsoft problem extends to Nokia (NYSE: NOK) which has decided to launch a number of phones in a joint venture with Microsoft. Microsoft and Nokia have decided to make an investment in the app market, but it is very small. According to Slash Gear,
Microsoft and Nokia have jointly committed up to €18m ($24m) to train and support app developers as part of the new AppCampus program, though the cash will go to Symbian and S40 coders as well as Windows Phone. The new fund will support the freshly established mobile application development program at Aalto University in Finland, “to create a new generation of self-sustaining mobile startups” as well as ensuring that Windows Phone and the other platforms hopefully don’t go without key titles in future
That is a pittance compared to what it will take to get the worldwide development community to build apps for a mobile OS which has had little adoption.
The Average American Is Losing Momentum On Their Savings Every Day (Sponsor)
If you’re like many Americans and keep your money ‘safe’ in a checking or savings account, think again. The average yield on a savings account is a paltry .4%1 today. Checking accounts are even worse.
But there is good news. To win qualified customers, some accounts are paying more than 7x the national average. That’s an incredible way to keep your money safe and earn more at the same time. Our top pick for high yield savings accounts includes other benefits as well. You can earn a $200 bonus and up to 7X the national average with qualifying deposits. Terms apply. Member, FDIC.
Click here to see how much more you could be earning on your savings today. It takes just a few minutes to open an account to make your money work for you.
Thank you for reading! Have some feedback for us?
Contact the 24/7 Wall St. editorial team.
Latest from 24/7
Our expert who first called NVIDIA in 2009 is predicting 2025 will see a historic AI breakthrough.
You can follow him investing $500,000 of his own money on our top AI stocks for free.