This report appeared the very next day after the presentation of the first Apple smartphone.
According to the document, the team stated that the iPhone, with its touch screen and innovative interface, could set a new standard in user experience.
They noted its stylish design, unique Internet functions and potential to become a cult device. Employees emphasized that Nokia urgently needs to develop its own touch interface to counter its new rival.
However, Nokia management did not heed the warnings. At the time, the company occupied approximately 50% of the global mobile phone market and was considered the standard in style and technology.
However, within 7 years, it lost its dominant brand position and completely withdrew from the smartphone market.
Source: Ferra

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