iPhone: Should Nokia be Worried?

I just saw in Technorati that iPhone is one of the hot tags now. That means that many bloggers are writing about. Yes, they are writing as iPhone can bring some traffic for them in the next few weeks. A few months ago, we saw much eagerness among people about Windows Vista but it seems that there is even a stronger interest about iPhone. So, it is natural that iPhone will attract many customers in the next few months and Apple will become an important player in the mobile phone market.

Right now, Nokia is the market leader in the mobile phone market world wide. Nokia is planning that within a few years, 1 out of every 2 mobile phone sets will be made from Nokia. Apple has already showed with its iPod what it can do. Microsoft tried very hard to break the dominance of iPod in the portable music device market but had failed so far. Now, should we see similar fate for Nokia phones?

Most probably not. First of all, the iPod buzz is mainly related in the USA. On the other hand, Nokia is doing well in Asia. China and India are now very important market for Nokia. I don’t see any possibility of iPhone challenging Nokia in these two giant markets. Secondly, Nokia is famous for its cheap phone sets. iPhone will be very expensive for most people in Asia and Africa.

So, there is no reason for Nokia to get worried about iPhone at this moment.