With all of the hoopla around the Galaxy S series of smartphones, it's easy to miss the fact that Samsung is a major player in the featurephone category of devices. Smartphones seem as the 'sports car' of the phone world, elevating the status of lesser devices that share the same brand. Nokia's butchering of their smartphone brand will certainly affect more areas than simply their smartphone sales.

I suspect that companies will continue to capitalize on Nokia's losses. Nokia has to go back to basics, and with 7,000 jobs being cut in the next 2 years, I suspect that upper management sees the same path forward.

I predict that they will likely end up being bought by Microsoft when they've lost enough blood.