Mobile News

Nokia: 3G iPhone Will Help Us, Too; Counters With N96

Apple may have stolen yesterday's headlines with the news it finally supports 3G, but Nokia SVP Anssi Vanjoki (via Reuters) is sanguine: "Convergence will strengthen through such a significant company such as Apple coming to that field. From the perspective of operator business this is an extremely good issue." But analysts disagreed. American Technology Research downgraded the Finnish handset maker from "buy" to "hold," warning: "Nokia will face increasing competition from new third-generation smart-phone introductions in the second half of 2008 and early 2009. We do not recommend new money until we get a competitive response from Nokia." [Read]