Be Careful What You Wish For

May 2007 Reuters story:

Nokia Oyj hopes Apple Inc.’s highly anticipated iPhone will boost consumer appetite for pricier mobile phones with features such as music and video, Nokia’s Chief Financial Officer said on Monday.

So-called smart phones allow users to surf the Web, take photos, enjoy music and video and sometimes games, in addition to making calls. Many are priced above $400, before subsidies by mobile carriers.

He was right.

★ Tuesday, 27 September 2011