With rumors his job’s on the line, Nokia (NYSE: NOK) CEO Olli-Pekka Kallasvuo went farther than ever to acknowledge Nokia’s travails, on the company’s call to discuss a big profit fall with investment analysts.
Kallasvuo referred continually to the “pain” he says Nokia has gone through lately — but says keenly that the N8 handset, coming in Q3, and the big Symbian^3 rewrite on which it is based will help Nokia compete.
And he talked up the team behind him, despite referring to the “orders” one such team is being given…
“Nokia will make a comeback at the higher end of the smartphone market,” Kallasvuo emphasized to analysts. “We are approaching the end of this painful product transition at the high end of our product portfolio. Delivering the N8, with a high-quality user experience, will mark the beginning of our renewal. We will achieve our potential and regain high-end leadership in our industry.”
Nokia is not ditching Symbian — Kallasvuo expects to ship a “family” of 50 million Symbian^3 phones. But it’s also retaining the separate Meego OS for higher-end phones and has made the U.S. a priority for that team — a split that confuses many.