Nokia Prepares to Unveil 'Apple iPhone-Killer' Smartphone at Nokia Mobile Event
Nokia is expected to reveal a new mobile phone Dec. 1 at an industry event in Barcelona that many believe will be an improved touch-screen smartphone the company expects will challenge Apple's iPhone for mobile phone and smartphone dominance. Nokia still dominates the market for smartphone handsets, but sales dropped in the third quarter from a year earlier, and it lost share to Apple and BlackBerry maker Research In Motion. The battle for smartphone business has heated up since Apple introduced the iPhone last year, with all vendors trying to grab a bigger slice of a market that is seen growing despite the global recession.BARCELONA (Reuters) - World mobile phone leader Nokia is expected to bolster its offering of high-end phones at a media and industry event in Barcelona on Tuesday, where it is also due to outline a push into Internet services. Nokia still dominates the market for smartphones -- handsets with computer-like features such as e-mail -- but sales dropped in the third quarter from a year earlier and it lost share to Apple and Blackberry maker Research In Motion (RIM).
"I'm sure there will be a few new phones shown on Tuesday and Wednesday, something in the smartphone and touchscreen area," said Handelsbanken analyst Jan Dworsky.