Nokia 2010 Annual Report Download - page 6

FORWARDLOOKING STATEMENTS
It should be noted that certain statements herein which are not historical facts are forwardlooking
statements, including, without limitation, those regarding:
• the intention to form a strategic partnership with Microsoft to combine complementary assets
and expertise to form a global mobile ecosystem and to adopt Windows Phone as our primary
smartphone platform, including the expected plans and benefits of such partnership;
• the timing and expected benefits of our new strategy, including expected operational and
financial benefits and targets as well as changes in leadership and operational structure;
• the timing of the deliveries of our products and services;
• our ability to innovate, develop, execute and commercialize new technologies, products and
services;
• expectations regarding market developments and structural changes;
• expectations and targets regarding our industry volumes, market share, prices, net sales and
margins of products and services;
• expectations and targets regarding our operational priorities and results of operations;
• expectations and targets regarding collaboration and partnering arrangements;
• the outcome of pending and threatened litigation;
• expectations regarding the successful completion of acquisitions or restructurings on a timely
basis and our ability to achieve the financial and operational targets set in connection with
any such acquisition or restructuring; and
• statements preceded by “believe,” “expect,” “anticipate,” “foresee,” “target,” “estimate,”
“designed,” “plans,” “will” or similar expressions.
These statements are based on management’s best assumptions and beliefs in light of the
information currently available to it. Because they involve risks and uncertainties, actual results may
differ materially from the results that we currently expect. Factors that could cause these differences
include, but are not limited to:
1. whether definitive agreements can be entered into with Microsoft for the proposed
partnership in a timely manner, or at all, and on terms beneficial to us;
2. our ability to succeed in creating a competitive smartphone platform for highquality
differentiated winning smartphones or in creating new sources of revenue through the
proposed partnership with Microsoft;
3. the expected timing of the planned transition to Windows Phone as our primary
smartphone platform and the introduction of mobile products based on that platform;
4. our ability to maintain the viability of our current Symbian smartphone platform during the
transition to Windows Phone as our primary smartphone platform;
5. our ability to realize a return on our investment in MeeGo and next generation devices,
platforms and user experiences;
6. our ability to build a competitive and profitable global ecosystem of sufficient scale,
attractiveness and value to all participants and to bring winning smartphones to the market
in a timely manner;
7. our ability to produce mobile phones in a timely and cost efficient manner with
differentiated hardware, localized services and applications;
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