Interesting and misleading summary of events. Nokia had been stagnating by resting on its laurels and its premature death was hastened by hitching its fortunes to Windows Phone, which its previous CEO, Ollila has described as a 'huge mistake'.
Microsoft has alienated a huge swathe of phoneset makers by its shenanigans with its patent trolling against Android and demanding licence fees without ever explaining exactly what patents have supposedly been encroached upon. Nokia was about its only friend and now it has been swallowed up none of the other manufacturers will been the slightest bit keen to play second fiddle to Microsoft's own hardware operation.
The jury is still out whether or not Elop was a Microsoft trojan horse who did his best to make Nokia fit for a takeover. If he does become the CEO of Microsoft expect some very angry Finns to make their feelings known.
The PC press is very unenthusiastic about Microsoft's future in phones (or its investment in Nokia for that matter). Microsoft has always tried to play the long game once it finally understood what others had seen years before, but this market is fast moving and becoming saturated in the more mature markets. It is probably too late to get enough developers on board to make Windows POS8 more interesting to buyers.
