Nokia could speed up Apple's entry into cellphone business

Nokia's arrival in the music downloading business (purchase of Loudeye) is bad news for Apple Computer, which may force the iPod maker to engineer a new "iPhone" to fend off the threat, experts believe, reports the AFP.

"... Analysts say that Apple may now be forced to offer iTunes to other companies under license, although initial attempts by its boss Steve Jobs to work with mobile phone manufacturer Motorola were inconclusive.

... Wall Street has speculated for months about the possible marriage of the iPod with a cellphone. "Of all of Apple's new product opportunities, we are particularly excited about cellphones -- an 800-million-unit-plus market per year," UBS Bank said.

emily | 3:30 PM | Music Phones |
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