According to today's interim report, it seems that Nokia at least does not completely disquality the hope of "creating a
competitive smartphone platform" as an alternative to the "partnership with Microsoft".

A possible interpretation is that the primary goal of the partnership with Microsoft is to provide a safe approach... in case the Meego platform does not succeed in competing with IOS and Android.

Source: http://www.cisionwire.com/nokia-oyj-...-0-10-,e248093

Most intersting related quotes:

- "actual results may differ materially from the results that we currently expect. Factors that could cause these differences
include, but are not limited to: 1) our ability to succeed in creating a competitive smartphone platform for high-quality differentiated winning smartphones or in creating new sources of revenue through our partnership with Microsoft; "

- "our ability to realize a return on our investment in MeeGo and next generation devices, platforms and user experiences"