Ina Fried

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More From Nokia: Forecast Gets Cloudy, Plus Expected Executive Changes

In addition to announcing its tie-up with Microsoft, Nokia announced a revamping of its executive leadership–a shift that will have MeeGo EVP Alberto Torres exiting the company.

The company also said in a statement that the shift makes it difficult to offer a financial forecast for the coming years, although it did say 2011 and 2012 will be “transition years.”

“Due to the initiation of Nokia’s strategic transformation on February 11, 2011, the full-year prospects for its Devices & Services business are subject to significant uncertainties, and therefore Nokia believes it is not appropriate to provide annual targets for 2011 at the present time,” the company said in a statement, adding it will continue to offer shorter-term quarterly forecasts.

Even with the move to Windows Phone as its “primary smartphone platform,” Nokia said it still expects to sell 150 million more Symbian devices in the years to come, on top of its existing installed base of 200 million devices.

It also isn’t entirely killing its plans for MeeGo, a version of mobile Linux that was originally slated to be Nokia’s main future operating system. It said it still expects to ship one device later this year and left the door open to future MeeGo-based products.

“Under the new strategy, MeeGo becomes an open-source, mobile operating system project,” Nokia said. “MeeGo will place increased emphasis on longer-term market exploration of next-generation devices, platforms and user experiences.”

Mobilized will have more on this as the day progresses, including live coverage from Nokia’s London investor event later this morning.

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The problem with the Billionaire Savior phase of the newspaper collapse has always been that billionaires don’t tend to like the kind of authority-questioning journalism that upsets the status quo.

— Ryan Chittum, writing in the Columbia Journalism Review about the promise of Pierre Omidyar’s new media venture with Glenn Greenwald