Nokia CEO 'paranoid' about iPhone competition "Nokia CEO Olli Pekka Kallasvuo said he is “paranoid” about Apple’s entry into the cell phone market. Kallasvuo made the comments on Thursday during Nokia’s earnings conference call.

Even though Apple’s goal is to sell 10 million iPhone’s by the end of 2008, Nokia said the significance of the iPhone should not be underestimated.

Kallasvuo went on to say that Nokia will spend more on research to combat the threat from Apple and Research in Motion’s BlackBerry product line." Via Macworld .

Labels: iphone, nokia

  ¶ posted by Jimmie Geddes, Editor @ 10/18/2007 02:09:00 PM