http://www.theverge.com/2014/10/21/7...nd-replacement
Looks like this is the end of the line for Nokia phones :(. Since Microsoft took over they are now going to drop the Nokia name and the phones will be Microsoft Lumia instead. Of course Microsoft didn't buy the entire company, just the part that makes phones it's quite possible that this was always the plan, that they would only be allowed to use the Nokia name for a short while.
Nokia is still a big company and does mapping and network infrastructure, but the demise of the Nokia brand can show how the mighty call fall so quickly, the likes of Apple and Google should take note!