"Nokia, especially in Europe, has a lot of satisfied customers(The dumbphone market)." In a couple of years, there won't really be a dumbphone market in Europe

"Nokia, especially in Europe, has a lot of satisfied customers(The dumbphone market)." In a couple of years, there won't really be a dumbphone market in Europe, except for drug dealers and the poorest of consumers. Already, more than half of all cellphones sold in Europe are smartphones, and it increases by 10 percentage points a year. Nokia's future lies in selling dumb phones to third world countries, and that's already where it makes its money. Nokia was smart to have Microsoft fill their coffers, but in the end, smartphones will never be Nokia's core business.