Nokia actually dropped some pretty heavy bombs today with their WP7 announcement. We didn’t really expect that in spite of the initial rumors yesterday.
I’m not really sure that Windows Phone 7 is what Nokia needs right now. They plan for at least two years of transition period before they fully develop the new ecosystem. Two years is a lot of time and bad things can happen to their financial results and their place on the smartphone market in that time.
Watch the full Nokia-Microsoft joint press conference here: