Seven, the strategy must be elegant in its simplicity, as I have already said Nokia must change faster than the industry is changing. Our go-forward strategy must be remarkably clear so that we can effectively refocus and align our employees, partners and other stake holders.

Today, the winning ecosystems at the high-end to mid range deliver great hardware, compelling user interfaces and the coherent aggregation of search, advertising, ecommerce, social networking, location-based services, entertainment and unified communications, just to name a few.

At the same time, we see a different type of ecosystem building around mid-range to low end devices and developing markets involving very low cost components and manufacturing processes. In this range, brand, scale, price, design, distribution and speed are critical. It is on this basis of ecosystems that Nokia must now compete.

With our new Symbian family of products, Nokia is addressing an opportunity to improve our position at the higher end of the market. The Nokia N8, the first of our new Symbian devices started shipping at the end of Q3 and delivered a solid performance in Q4.