Chris Cantell Discusses Technologies: Nokia is taking Apple head on by Corina Ciubotaru

Guess who's trying to become a threat to Apple's domination of the music business? Well, believe it or not, it's Nokia. The Finnish company has announced the release of a new type of phone, called N81 last week and through its online service Ovi it will provide users with music, movies and other stuff they might be interested in. Nokia has already signed deals with the four big labels in the U.S. (Universal, Sony BMG, Warner Music and EMI) to distribute their music through the new service, and it is the only company other than Apple who has managed to do this. If this move is a success, Nokia is on its way to expanding its area of dominance, though Apple is hard to beat. iTunes is the biggest music selling site and iPod has dominated the MP3 players market ever since its release, not to mention the iPhone which was a hit also. Now, Nokia came up with a range of phones costing between $300 and $750, with 8 GB of memory and a sleek design. A song purchased from Ovi will cost one euro, whereas one on iTunes is 99 cents, or $1.29 without DRM. They're trying to beat Apple with their own weapons, as well as at their own game and they're basing their optimism on the fan base, because the Finnish company has sold over 100 million devices in the second quarter alone. It's gonna be fun to watch this battle of giants and in the competition, consumers will probably have the most to gain, as at least one of the companies will eventually start to offer various perks.

related story: http://www.youtube.com/watch?vhttp://news.yahoo.com/s/ap/20070829/ap_on_hi_te/finland_nokia_gadgets;_ylt=Apyk_XPYx83nxHoEFqdmt92s0NUE=2dZ5krLWcq4

by Corina Ciubotaru for PocketNews (http://pocketnews.tv)

PocketNews is a new real-time news broadcaster delivering the latest and hottest news right to your pocket ! With global clients who want to be kept up to date, PocketNews is everyone's way of keeping in touch with the World.

These news are brought to you by CantellTV, its technology partner SigEx Telecom and its founder Chris Cantell. CantellTV is the fastest growing provider of digital broadcasting coupled with enhanced communications, allowing people to easily control, view, upload and share digital content through proprietary interface. CantellTV has relationships with a growing network of international clients delivering millions of videos per day with more than 50,000 new videos uploaded and 200 hours of new TV shows broadcasted daily to a wide range of viewers, from 5 to 7 year olds of LiveCartoons; to 16 to 24 year old active social users of MyJumps; to fortune 50 corporate clients utilizing enhanced broadcasting services. CantellTV is committed to delivering infinite choices to your world of entertainment at the tip of your fingers. Chris Cantell retains consulting arrangements with several pre-IPO companies.
Edited by: Katarina Zerzanova