Every market can afford smartphones. 3G, wifi, tethering, dual SIMs (quite important in some areas), etc.

If Nokia can sell it in targeted markets, it will match functionality of similarly priced phones with much larger screens and much extended functionality, but the Nokia brand will bring the premium price tag, and in my opinion cheap reliable Androids will continue to win, the price of reliability being word-of-mouth amongst unknown but become-known brands and models, vs known but insufficiently featureful mainstream branded phones.