Consumers may be waiting for the iPhone, but handset vendors aren't. Nokia has released the N95, a $775 smart phone that runs the Symbian operating system and sports a wide variety of media applications. The N95, which Nokia describes as an "all-in-one media computer", is clearly aimed at customers whose interest in smart phones has been piqued by the iPhone--but who are ready for enhanced capabilities now. With a 5 megapixel camera, media support, a keyboard, and compatibility with 3G (HSDPA), WiFi and Bluetooth networking, the N95 brings a lot of capability for a lot of money. When considered alongside other recent Nokia announcements like the N800 tablet [1] and E61 smart phone [2], the N95 is proof that Nokia has no plans to cede the high end of the market to Apple or anyone else.

For more on the N95:
- Read this article [3] at InformationWeek