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HELSINKI (Reuters) – Nokia has obstructed developing its prototypal smartphone using the MeeGo operative system, digit business sources near to the consort said.

In a leaked interior memo, Chief Executive author Elop wrote: "We thought MeeGo would be a papers for success high-end smartphones. However, at this rate, by the end of 2011, we might have only digit MeeGo product in the market."

A spokesman for Nokia declined to comment.

MeeGo, seen key to Nokia's battle in the high-end smartphone market, was created terminal assemblage by the merger of Nokia and Intel's Linux-based platforms Maemo and Moblin.

Nokia, the maximal handset concern by volume, has seen business newcomers Apple and Google sweep up most of the profits in the wireless industry.

Chairman Jorma Ollila brought in Elop from Microsoft terminal September. Elop module exhibit on weekday his strategy for turning Nokia around.

Elop posted a note on Nokia's interior website this week, scrutiny its function to a Negro on a executing oil platform, wondering whether he dares to jump.

Investors are sporting on a modify of strategy, production up call options on Nokia ahead of an investor circumstance on Friday, said Nick Tranter, head of derivatives at Espirito Santo.

Shares in Nokia rose 1.4 percent on Wednesday as hopes for a modify in its strategy.

Analysts said Nokia could still exhibit soured the incoming MeeGo device, even if unfinished, at its investor day in author on Friday, or a news word in Barcelona on Sunday.

"Frankly, Nokia has to decide whether maintaining MeeGo is of strategic continuance in the brief or longer term. If it believes MeeGo module not have value, it should divert resources elsewhere," said Canalys shrink Tim Shepherd.

"One beatific abstract about author Elop is that he is not emotionally attached to any platform."

(Reporting by Tarmo Virki; Editing by Greg Mahlich and king Hulmes)

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