Telecom & Wireless

Nokia (NOK) Makes Another Run At Apple's (AAPL) iPhone

Nokia (NOK) can’t seem to get the message the consumers don’t want pseudo Apple (AAPL) iPhones.

The world’s largest handset maker will release its new N96 super-sophisticated handset later this year.

According to Reuters, "Nokia unveiled the N96 in February and it is seen as the successor to its top profit generator, the N95. It will come with 16 gigabytes of internal memory and is expected to retail around 550 euros ($870), excluding subsidies and taxes."

With the 3G version of the iPhone about to hit the market, Nokia should stick to lower end handsets.

Douglas A. McIntyre

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