Nokia’s Secret Plan ‘B’

Concerns abound that Nokia Corporation (NYSE:NOK) bartered away its future by replacing the Symbian operating system in its phone with Windows Phone – according to critics, Nokia is now helplessly bound to follow Microsoft Corporation (NASDAQ:MSFT) diktat. In contrast Research in Motion Limited (NADAQ:RIMM) is reported to have rebuffed Ballmer’s overtures to incorporate Windows Phone in Blackberry phones.

But fears for Nokia may not have been out of place judging from Microsoft’s announcement June 20 that its highly-anticipated Windows Phone 8 system will not run on existing Windows Phone devices, including the Lumia range from Nokia. This could obviously place...