Nokia Looking for a New CEO [REPORT]

Nokia is looking for a new CEO, the WSJ reports. Although the rumor hasn't been officially confirmed, sources say that the mobile giant is unhappy with the way current CEO Olli-Pekka Kallasvuo is leading the company -- particularly when it comes to smartphones.

Nokia hasn't yet released a smartphone that can compete with Apple's iPhone or any of the top Android devices, and it's been frighteningly slow when it comes to adapting to new conditions in the smartphone market. It took Nokia years to realize that Symbian is not a great fit for a top-notch smartphone, and MeeGo, Nokia and Intel's new smartphone platform, is still in its infancy.

Three weeks ago, Nokia's new Head of Mobile Solutions Anssi Vanjoki wrote enthusiastically that he's "committed, perhaps even obsessed, with getting Nokia back to being number one in high-end devices."

His note, however, would hardly convince an astute observer that Nokia knows where it's going when it comes to high-end smartphones. Vanjoki praises N8, Nokia's first Symbian 3 device, but admits right away that it is also the last Nokia's N-series smartphone based on Symbian 3. He praises MeeGo, but also declares that a Symbian 4 N-series device is a "very strong possibility." Nokia seems to be ready to alter its approach, but does it have a clear vision of where to go next?