Many people are may be interested to see some Windows Phone 7 devices but still we know much details about the deal.Nobody from both the companies has explained about the details of the deal that how much money is invested by any of the party.But currently Bloomberg a well know technical blog has reported that Microsoft will give Nokia more then $ 1 million to make Windows Phone 7 devices.
Although we cant say that this deal is finalized but it is sure that Microsoft will pay Nokia to design the hardware for their latest mobile OS.Even though i think that this deal would give benefit to both the parties.
This deal is important for Nokia because their Symbian OS for their touch phone is not that impressive and it will help Nokia to sell their hardware more than now and on the other hand Microsoft has much more options for their hardware designers but still deal with the Nokia may help them too.