I didn't meant that Nokia has all the benefits of being a startup. Clearly, it doesn't. But it has most of the drawbacks of being a startup (i.e. limited runway

I didn't meant that Nokia has all the benefits of being a startup. Clearly, it doesn't. But it has most of the drawbacks of being a startup (i.e. limited runway, need to innovate or die, etc). I also suspect that it will fail, but you never know... your analysis would have been correct for Apple 10 years ago - and yet, things turned out very differently. This Stephen Elop is an unknown quantity at this stage. This memo is certainly a decent start in the right direction. He's only been there for 6 months or so, and it takes that long before you have the credibility to make this kind of statement about a 130'000 people profitable company. So yes, they have hurdles, and they're very hard to jump over, but it is technically possible to do so.