The Wall Street Journal (WSJ) has come forward with sources that point to a new plan for Apple: smaller, cheaper phones. Their sources paint the picture of a company looking to move further down the mass adoption pyramid to find yet more users. Apple competitors have one very powerful weapon that Apple lacks: multiple form more »

On what could possibly be the worst day to be a non-Android, non-Droid phone, Nokia has decided to release an update to one of its smartphones. The update, dubbed software update 2.0 comes to the N97 today via PC download. In addition to the update, Nokia has announced that the N97 mini will be launching more »

Nokia has announced that its second-quarter earnings plummeted by 66%. The company blames the recession for the drop, saying demand for its products has diminished due to the economic turmoil. Their net profit was $535 million down from roughly €1.4 billion this time last year. Nokia shares fell 11% as a result of the news.

The company shipped 103 mobile devices this quarter, down 15% from a year ago and prices on their handsets fell to US $88 from US $104 last year. Their North American distribution fell 30%. Facing strong rivals in Apple and RIM, the company says it is trying to transform itself

We’ve been telling you it was coming, and it seems it is just about here. Nokia’s flagship smartphone is on sale worldwide this month, although unbelievably, pricing and exact dates for some areas are still kind of fuzzy. The N97 will be available in the UK unlocked and SIM-free starting June 19th for a price more »

Nokia has unveiled a new flagship phone during the recent Nokia World 2008 event — the N97, and according to Nokia it is the “world’s most advanced mobile computer.” So, just what is the N97 packing that will make it the most advanced? Well, it seems that Nokia has packed the N97 about as full as they could. To begin with, the N97 has a 3.5-inch touchscreen display with a (16:9) 640 x 360 resolution, a full slide-out QWERTY keyboard and an incredible 32GB of built-in memory with a microSD card slot for added expansion.

Other features of the N97 will include HSDPA, Wi-Fi, A-GPS, Bluetooth, a 5-megapixel camera with Carl Zeiss optics and video capture, a 3.5mm headphone jack and a TV-out. The N97 will be running S60 5th Edition. With a nice overall feature set, the N97 also has the power to back it up, it will offer up to 320 minutes of 3G talk time and up to 400 hours of standby. Additionally it will also allow for up to 37 hours of music playback and 4.5 hours of video playback in an offline mode.

As for pricing and availability, the N97 is expected to retail for €550 (around $694 US) and will be shipping sometime in the first half of 2009.

Keep reading to check out a few more pics of the Nokia N97…