Two huge risks average out to decent security, right?
Nokia is in a tight spot. Europe is no longer the center of mobile development, and the US market wants nothing to do with the smartphones Nokia has been rolling out. Since the iPhone launched Nokia has watched its share price fall by 2/3rds, a total loss of value around $65 billion. MeeGo offers one possible way to stem the haemorrhaging, but it is honestly a bit of a long shot.
Which is why Nokia may also be looking into carrying Windows Phone 7. VentureBeat reports that this news came from a "trusted source", who further adds that Nokia's board has given CEO Stephen Elop the go-ahead to alter company strategy.
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On one hand, WP7 is at least a major change of tact for Nokia. On the other hand, it is just as unproven as MeeGo. Nokia may end up hitching their cart to two dead horses.