Tomorrow Nokia will probably announce their demise. So I’ll write here what Nokia should actually have done. Two years ago at least.
Put Symbian on life support. This is a no brainer but life support in Nokia context will probably mean a 1000 headcount considering all the legacy to support.
No more S40. All devices under 150EUR come with Symbian^2. We all say Symbian is crap but it’s still a lot better than anything else in featurephone space.
Don’t do 100 phones at a time. Nobody needs to choose from 30 models in a given range. Focus on a much smaller number and do them well. Nokia knows how to, technically, build good phones. But it fails at building compelling phones.
And finally, get the Maemo/MeeGo team on top. They seem to be the only team capable of delivering in interesting product in the last 2 years, even against the rest of the company. And then make them integrate Android for everything from midrange to highend. And meanwhile make them do a MeeGo tablet.
But this is not what Nokia will do.