Nokia CEO Stephen Elop's interview at D9 Wednesday night both tackled rumors of a Microsoft takeover and an explanation for why the iPhone ousted Nokia. Answering claims by Russian leaker Eldar Murtazin that Microsoft might buy Nokia's phone division, Elop called them "baseless" and that talks had never happened. He added that smartphones were only half of Nokia's business and would have left Microsoft with a large amount of phones that didn't mesh with the Windows Phone strategy.
