Nokia tries to look smarter

Nokia has unveiled the N97, a new flagship model with a large touch screen and QWERTY keyboard which it hopes will bolster its smartphone offering, according to Reuters.

The N series was the last word in smartphones until the appearance of the iPhone, after which RIM smartened its act up considerably.

While Nokia dominates the global smartphone market, it sold fewer in the in the third quarter than a year ago, losing market share to Apple and Blackberry-maker RIM.

Reuters says, "Nokia's ailing position in the high end of the mobile phone market worries investors and analysts as this is expected to weigh on the Finnish group's profit margins."