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Events on Tuesday 8 February 2011 1
2011"Burning platform" memo — abandons Symbian for Windows PhoneStephen Elop sends a leaked internal memo in February 2011 comparing Nokia to a man on a burning oil platform who must jump into the icy sea. He announces Nokia will abandon Symbian for Microsoft's Windows Phone operating system. The decision demoralises Nokia engineers, alienates customers and fails to produce competitive products. Analysts later call it the most damaging corporate memo in history. Nokia loses €700 million in 2012 and is downgraded to junk bond status.