These developments and #39;s bleak financial news has opened the door to criticism in the blogosphere that the company lacks innovation during a critical moment in the market, with white-hot competition and advanced devices like the becoming hits by crossing over from the enterprise to the mainstream.

But the Finnish company isn't asleep at the wheel, IDC analyst William Stofega told InternetNews.com.

«People knock them for not being out there with a bunch of marketing campaigns and hype,» Stofega said. «But they really do their research, they're very careful about where they put their money, and from a financial perspective, that's not a bad thing.»

«And they are superior in their production and supply chain — there's not an equal in that regard, so it bodes well for them though it may not seem that way today,» he added.

Stofega also cited the company's global presence, success with its music-oriented offerings and the N97 — a promising QWERTY/touchscreen hybrid to be released in June — as answers to the critics.

«You have to look at them as a worldwide company, and to their credit, I see some stabilization,» he said. «Going forward, they do have some good things in store — they are working to expand their services and applications, they had some success with the Xpress Music phone, [s] best seller in the first quarter, and everyone forgets they have a strong presence in the developing markets.»


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