Nokia the company still exists. It owns the Nokia brand and has massive mobile patent portfolio (only licensed to Microsoft). Nokia is made of NSN (Nokia Solutions and Networks), maps and The Nokia Research Center.
Nokia is prohibited from using the brand to sell mobile phones for few years (ending 2018). It's completely possible that they come up with new gadgets or even phones with Nokia name.
As a former employee at the end of it's heyday it continues to be the best company I have worked for. They paid fairly and treated us fairly when it was time to part ways.
It sucks that the management could never grasp what the Iphone was. There were no shortage people trying to tell them.