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News
Nokia Exec: Apple’s iPhone Will Stimulate Cell Phone Market
Sunday, February 4th, 2007 at 2:00 PM - by Bryan Chaffin
Apple's iPhone will stimulate the cell phone market, according to a Nokia executive commenting on the iPhone for an Associated Press article about the iPhone. Nokia CEO Olli-Pekka Kallasvuo told analysts that his company will not have to change its business model because of the iPhone, but that the entire market will be stimulated by the device.
"[The iPhone] will stimulate this market, it's very clear," he said. "The fact that we will see multipurpose devices from many manufacturers, I think it will be good for the industry. And in that way, I very much welcome (Apple to the market)."
In the same article, senior president of Samsung's North American unit dismissed the iPhone as being innovative. "They're just jumping into the party where everyone else is," he said. Samsung, along with Nokia, Motorola, and Sony-Erricson are currently the world's biggest players in the cell phone market
Apple CEO Steve Jobs called the iPhone revolutionary when he introduced it during January's Macworld Expo in San Francisco, a claim that its competitors will be working hard to dismiss in the months leading up to the iPhone's release in June of this year.
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