Nokia: Apple iPhone would stimulate the market

World’s leading mobile phone maker Nokia has said that the upcoming Apple’s mobile phone product iPhone is likely to stimulate the market.

Nokia Chief Executive Olli-Pekka Kallasvuo said in a statement: “I don’t think that what we have seen so far (from Apple) is something that would any way necessitate us changing our thinking when it comes to openness, our software and business approach.”

He added: “But the fact that Apple is entering the market, in general, I think will stimulate this market, it’s very clear.”

Kallasvuo further said: “I think it will be good for the industry and I very much welcome that.”

Apple showcased their iPhone earlier this month and is likely to launch it in the market by June this year. The Apple iPhone combines three devices in one. It features a big screen video iPod, a mobile phone and an internet communications device.