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Is symbian out from Nokia?

I am a Nokia mobile user, handset is running Symbian Operating system. I’ve read somewhere a few days ago that Nokia is going to opt for some other operating system other than Symbian. Its truly a jolt to the symbian mobile users as the various applications would go out from market, if not now then after a few days. I wish to ask is it true that Symbian is being left by Nokia and what all applications are there compatible with Symbian Operating system?

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