Analyst: Apple iPhone’s impact will be bigger than Asian handset makers think
Monday, July 02, 2007 - 12:40 PM EDT "Now that analysts and industry executives are getting their first good look at the iPhone, many here are concerned that Asian manufacturers may have underestimated the Apple threat," Martin Fackler reports for The New York Times."Analysts and executives in South Korea say that the iPhone, with its full-scale Internet browser and distinctive touch screen with colorful icons, is more than just another souped-up cellphone. They fear this Silicon Valley challenger could leap past Asian makers into the age of digital convergence by combining personal computing and mobile technologies as no device has before," Fackler reports.
"'Apple’s impact will be bigger than Asian handset makers think,' said Kim Yoon-ho, an analyst in Seoul at Prudential Securities. 'The iPhone is different from previous mobile phones. It is the prototype of the future of mobile phones,'" Fackler reports. "The fear now is that Apple may repeat in wireless communications what it accomplished in portable music with the iPod: changing the industry. And just as when the iPod came out six years ago, big Asian manufacturers like Samsung Electronics and Sony could find themselves wondering what hit them, say analysts and industry executives."
Full article here.

It's amazing! When you read this article, the quotes by the Asian manufacturers are almost an identical paraphrase of how they reacted to the ipod. They are going to get slaughtered! Jobs must be in disbelief how short sighted they are.