HIGHLIGHTS-Nokia executives' comments at investor day

NEW YORK/HELSINKI, Dec 4 (Reuters) - Nokia (NOK1V.HE) cut its view on fourth-quarter and 2009 cellphone sales on Thursday at its annual investor day of presentations. [ID:nL4202047]

Following are comments from management:

OLLI-PEKKA KALLASVUO, CHIEF EXECUTIVE

ON CHANGING CONSUMER HABITS

"In this environment we expect some consumers to trade down to less expensive devices -- not all, but some."

ON SMARTPHONE OFFERING

"We did not have an ideal smartphone portfolio earlier this year. The smartphone portfolio is improving, there's no doubt about that.

ON NOKIA SIEMENS NETWORKS (NSN)

"NSN is in a far better position to weather an economic downturn than a year ago."

ON 2009

"As we head into a challenging year, Nokia needs to act appropriately by cutting costs."

"2009 will be a challenging year for the mobile devices industry. That's very clear, but I believe Nokia will fare much better than our competitors ... we are taking actions for tougher economic times."

ON MARKET SHARE

"Make no mistake, we do have ambitions for higher market share and believe it continues to be critical to our business."