I agree that smartphone market doesn't make up a significant portion of Nokia's marketshare and that they (may be) doing ok with the rest of their portfolio(?)...

But no one can deny that the highend (smart)phone market is a significant part of the mobile game. It's where the prestige is, it's where they all showcase new technologies and where we see the most developments at these days. It would be great if Nokia can trickle some of those down to their mid-low end products with s^3 and meego, but still this is not a market to ignore.