[citation][nom]milktea[/nom]End of Nokia's empire? Things don't last forever. It's sad, but it's reality.[/citation]
That is what happens when you rest on your laurels and don't develop new things and new revenue streams.
If Nokia got in early with Android and did as well as HTC did, it might be a different picture. Or if they reached out with a wide development based on Symbian. Let others license and adopt, let users develop for it, it might have been better.
Sure its real hard going up against Apple and Google, but if they had started early, they might have cut into both of their business a bit and had a lot more to bargain with Microsoft over, maybe something that didn't turn Nokia into just a big mask for Balmer to wear at parties.