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Is It Do or Die for Nokia?

Dan Radovsky
October 13, 2011

It's a long-shot, a crapshoot, and a Hail Mary all in one. That's what Nokia (NYSE: NOK  ) is doing by ditching Symbian, its mostly ignored homegrown mobile-software platform, and replacing it with Microsoft's (Nasdaq: MSFT  ) Windows Phone 7 later this month.

But does it have any other choice if it wants to stay in the high-end smartphone business -- or even the mobile-phone business at all, given the rate at which consumers are upgrading to smartphones?

Up to now, Nokia has produced good phones whose software was just not up to the quality of the hardware. With the Apple (Nasdaq: AAPL