At one time Apple and Google had 3% market share too. WP7 is getting multitasking, hardware accelerated HTML5 (which blows away iPhone 4 in the YouTube video) and several other updates this year. When it lands on Nokia phones it automatically becomes the #2 mobile OS as numerous tech articles point out today. Microsoft is pouring billions into this, etc., etc., etc. All the factors look positive and this pessimism is starting to get ridiculous; I haven't seen this kind of thing since the people who refused to admit Hillary Clinton didn't get the 2008 Democratic nomination.

Hint: When you go from 38% to 28% of the smartphone segment in one year, you don't say you had a good quarter. You say your company is heading for a death spiral unless something is done. It's this kind of denial that caused the board to go far outside and select Mr. Elop in the first place. Nokia's been far too complacent for far too long.