Earlier quoted context omitted.
Technically correct, but this doesn't contradict what I said.
An interesting point is that Nokia managed to sell its phone business to MS for a good amount. It was a sinking ship and MS phones never really took off, so who stooged whom is a good question.
Even if Nokia market share would have dropped to less then 10%, that would still have been profitable business for them, and would have made them a major player.
Going from being the dominate player in a major growing market to getting a few billion for it, is not really a success.