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What exactly is so sophisticated about the iPhone? The touch screen is novel, to be sure, but there is no technology in the iPhone that is any more advanced than other phones out there already.
By exposing an open development platform to mobile developers, not locking it down like apple do, we'll see devices that make the iPhone look like an archaic brick.
Current Symbian and Windows mobile devices already have more features, but are difficult to develop on. An open platform will make the only difficult part thinking of something cool to develop.
Here's hoping you're right! Though Apple is unlikely to be sitting around in the next two years while this open platform [hopefully] takes off. I'm sure they'll have their latest "sophisticated" tech ready.
Whatever happens, Apple has had the coveted status of "amazing no matter what" for far too long. Open source -based anything isn't necessarily my first pick for any technology, but I like how it creates competition in a way that allows the consumer to win in the end.
However, Linux has been a key player among the big three for several years now when it comes to the cell phone market. Big brand phones - Motorola's RAZR for instance - run Linux, and it has a good chunk of market share. So, I wouldn't call it late to market by any stretch.
It is cool to see them getting together and agreeing on a standardized platform so that Linux can make even greater in-roads than it did before.