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Nokia CFO Rick Simonson: iPhone’s high price tag is beneficial for the American market

May 16, 2007 by Stefan Constantinescu - Leave a Comment

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Yahoo News:

"The (U.S.) consumer … hasn’t had a lot of choice to go out and purchase these kind of higher-end, feature-rich multimedia devices. If that can help that market grow, I think that gives us an opportunity," Nokia CFO Rick Simonson said at the Reuters Global Technology, Media and Telecoms Summit.

I said the exact same thing during the S60 Summit round table podcast and I’m glad to see someone repeating it. Americans are used to free or less than $100 phones, anything more costly is typically a QWERTY device which is seen as business only. This whole concept of "multimedia computer" is a new one in this market and I’m not going to make any predictions  regarding its success since over here we care more about looks than spec sheets.

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