Management from Nokia said that Smartphone growth over the next few years will be extraordinary. Sales for phones with web access, music players and cameras were about 60 million last year. NOK says they will hit 250 million by 2008.
Then Nokia, in comments that were self-serving but not necessarily incorrect, slammed the Apple (AAPL) iPhone. One piece of analysis is that the touchscreen on the iPhone is hard to keep clean. Germs and all. The other, more important observation, is that the Apple product works on 2.5G technology, instead of 3G. That makes the phone’s connection speed too slow.
Companies like Nokia and Motorola (MOT) are going to spit on the iPhone because it is in their best interest. But, they are clearly getting ready to make its introduction to the market as hard as possible.
Douglas A. McIntyre can be reached at [email protected]. He does not own securities in companies that he writes about.
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