"will have new smartphones this year that will “help close the gap” with Apple Inc., Research In Motion Ltd.’s BlackBerry and devices based on Google Inc.’s Android software."

“The best way to leverage Nokia’s strengths is to be a mass producer of cheaper, good quality products, which would rapidly lower their R&D costs,” said Pedersen."

To me these quotes and the references to getting the out of control R&D spending under control scream Meego.