Nokia leaks Doomsday memo

A leaked memo sent from Nokia’s chief executive Stephen Elop yesterday painted a vivid picture of the threat facing the company. The email warned that Nokia’s failure to keep pace with rivals such as Apple has left it “standing on a burning platform” needing to change. Elop said in the past two years Nokia had failed to produce either a phone comparable with the iPhone or an operating system to rival Google’s Android, and was also under threat from low-cost Chinese manufacturers.