So what does the next decade and a half hold for Nokia? A spot at the forefront for its other, financially healthy, businesses, the CEO hopes:
The new, reinvented Nokia will rely on the aforementioned three key areas to keep Nokia healthy. Starting off, we have Nokia's Solutions and Networks business – the very same company that is now wholly owned by Nokia, after its buyout of Siemens share. HERE, Nokia's cloud-based location and mapping service will be the second node of the company's future, with Nokia betting that such services “will be pivotal in the next phase of the mobile internet, where more and more devices are connected to the cloud.” The third and final pillar on which Nokia will rest is its newly-formed Advanced Technologies business, a mix from its CTO unit and its IP business team, or the folks that made Nokia's gigantic patent portfolio possible.
So it does seem likely that Nokia will persevere and make it through the tunnel. Sadly, for those of us who have come to use the company's name interchangeably with the word mobile phone, the Nokia that we'll see on the other side will cease to stand for what it used to.