It's a big day for Nokia. There's no doubt in anyone's mind that the Finnish company has been sinking as of late, and even the new CEO himself, Stephen Elop, had publically admitted this. But today, during Nokia's Capital Markets Day, we finally get to see what Mr. New CEO plans to do to bring Nokia back to the winner's circle.

Probably the most tragic news: the death of Symbian. This OS has struggled to keep up with competitors like Android, and Elop has finally plugged the plug on the OS. Instead, it will be a "franchise" that Nokia will "harvest". Likely, we'll see phones released in 2011 that still use Symbian, due to their current development; but after that, who knows. Below is a slide that Nokia showed today during Capital Markets Day.

This, of course, means layoffs. Elop admitted that there will be "substantial reductions in employment". Already, over a thousand workers from the Tampere office who had worked for years on creating Symbian, have walked out of the building, not even waiting for the "reduction in employment" to occur.

But, this bad news does sort of come with good news. The official pairing of Nokia and Microsoft will hopefully bring Nokia back up into the market. They're now refocusing much of their effort into Windows Phone 7. And even though the news was just released today, they've already gotten one design concept revealed (picture below; thanks to Engadget).

Now we'll wait and see what the future holds for Nokia. But with designs like that, who could wish ill will towards Nokia? Their phones are so colorful and sprightly!

Batteries and Chargers for Laptops, Cell Phones, Digital Cameras, Camcorders, UPS, Power Tools