Word: nokia
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...NOKIA 8260 $250; available in Sept. With a hidden antenna, compact styling, e-mail and instant-messaging capability, the 8260 looks like a winner...
...wireless? Just ask Wall Street. Companies seen as harnessing its power have soared to astronomical valuations. Qualcomm, a leader in the digital wireless space, has watched its stock soar nearly 3000% in little more than a year. Finnish cell-phone maker Nokia, which was floundering in the early 1990s, has ridden the wireless juggernaut to become the eighth most valuable company on the planet (see accompanying story). Palm Inc. and AT&T's wireless tracking stocks were two of the most anticipated IPOs this year...
...industry is also banking heavily on another form of wireless--short-range-radio technology, the basis for its new Bluetooth protocol (named for a 10th century king who unified Denmark). Bluetooth, whose first stages will be rolled out this summer by a consortium of industry titans including Nokia, Ericsson, IBM and 3Com, will eventually let all your devices talk to each other and work together. Click on a name in your Bluetooth-enabled PDA, and it will find your cell phone (even if it's still in your briefcase) and place the call. If you have a Bluetooth-enabled earphone...
...wireless revolution is something no major tech company wants to miss. There are face-offs at every level. Nokia, Motorola and Ericsson are duking it out over smart phones. Microsoft's Pocket PC is squaring off against Palm, which has nearly 70% of the handheld market. AT&T, SPRINT PCS, MCI and the Baby Bells want to provide the connections. CNN, ESPN and everyone else want to provide the "news nuggets" and other customized content...
...catch up with Palm's dominant OS--the Windows of the handheld world. Early evaluations of Microsoft's Pocket PC say it's good but not likely to be the "Palm killer" some were expecting. There's also a joint venture of the software firm Psion, Nokia, Ericsson, Japan's Matsushita and Motorola called Symbian that was designed to keep Microsoft at bay. Although there have been some cracks in the alliance--Ericsson has said it will put a Microsoft browser in its phones--Symbian will probably remain a counterweight to Gates & Co. Also crimping Microsoft's plans: AOL, whose...