I think you are wrong. If ubuntu failed to reach it funding target for a phone and estimated to need 30 Million to do it why wouldn't Nokia? With Billions in the bank and a real brand name they can use after the date I mentioned they could do this easily.
I am not saying they would do it in their own factories, or use the optics team they had, or most of the engineers that became MS employees. Of course that is gone. No need for you to point out what is so obvious.
The first Lumia's came from Compal. Perhaps the first new Nokia's, whatever OS they run, will as well.
@iamtim
"only to try again later is... bad business. And dumb."
Why? Nokia just got rid of a huge cost base and a BU that was in trouble. If they can return as a lean manufacturer, relying on 3rd parties to produce, they need to design and engineer the phone. With most parts being off the shelf anyway, and every SoC supporting Android, it would be a piece of cake. Ironically, the vastly reduced barrier to entry is exactly why Nokia got in trouble versus Indian brands like Micromax that used the same cheap components.
Of course, all of this may never happen. But if it does, Nokia as a company would be a reason for me to switch platforms, again.