Nokia sells LOTS of phones. You've got to remember than not everyone lives in the Bay Area and has a Twitter account... People living in Sub-saharan Africa and central Asia still need cell phones and the majority can't afford some flashing thing with a touch-screen.
And to quote the CEO:
"Let's not forget about the low-end price range. In 2008, MediaTek supplied complete reference designs for phone chipsets, which enabled manufacturers in the Shenzhen region of China to produce phones at an unbelievable pace. By some accounts, this ecosystem now produces more than one third of the phones sold globally - taking share from us in emerging markets."
http://en.wikipedia.org/wiki/List_of_best-selling_mobile_pho...