Anssi Vanjoki, the head of the multimedia unit at Nokia, indicated that Apple’s iPhone was an interesting product but lacked some essential features.
“It is quite an interesting product but it is lacking a few essential features, such as 3G, which would enable fast data connections,” Vanjoki, whose multimedia unit is a direct rival to Apple, was quoted as saying by Finnish business daily Taloussanomat.
Apple’s CEO Steve Jobs indicated that the company’s goal was 1% of the mobile phone market by 2008, or approximately 10 million iPhonesout of a market total of close to 1 billions sold in 2008.
Mr. Vanjoki was quoted as saying that “Apple’s objective is not at a very high level,” but that the iPhone’s entry would give an additional boost to the multimedia phone market, proving Nokia’s multimedia strategy was correct.
“This is another piece of evidence that we have been on the right track from the beginning,” he said.
Nokia indicated that it has sold close to 70 million phones with integrated MP3 players in 2006.
Source: Reuters.com
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