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Today was a BIG day for the folks at Nokia. They launched their new flagship N97 which you can see is designed to take on the Blackberry Storm and Apple iPhone.

Today Nokia announced its flagship smartphone for 2009, the N97. The N97 has a large 3.5-inch screen (640 x 360 pixels, 16:9 wide-screen) for touch-based input, as well as a full physical QWERTY keyboard for messaging. The N97 is the first Nseries device to have a QWERTY keyboard, which slides and tilts when open. The N97 offers an extensive set of features, including S60 5th Edition, a 5 megapixel camera with autofocus, dual LED flash, Carl Zeiss optics and video capture at 30fps in the 16:9 format. It has 32GB of built-in storage (expandable to 48GB), as well as Wi-Fi, aGPS, FM radio, and FM transmitter. It carries quad-band GSM and HSDPA for 3G connectivity. It supports Flash Lite 3.0, as well as Flash Video in the Internet browser. It has Bluetooth 2.0+EDR with A2DP stereo, as well as a 3.5mm headset jack with TV out, and stereo speakers. The N97 was built for social networking, and has what Nokia calls “So-Lo” (social location) services. The N97 will be available in the first half of 2009 for approximately $695. A version with 3G for the US will be available shortly after the European version.

Lets see, 32GB storage, FM Radio, Flash, A2DP, TV out, Touch UI, QWERTY keyboard. Seems like Nokia is ready to step up to the plate in the US and try to steal some Smartphone market share!

In other news Palm didn’t have such a fantastic quarter. Revenue for Palm’s second fiscal quarter, which ended last week, will be just $190 million to $195 million, the company announced Monday ahead of its December 18th conference call. Wall Street analysts had been expecting Palm to record $331 million in revenue, an astonishing 41 percent gap caused by “reduced demand for maturing smartphone and handheld products,” Palm said in a press release. They say despite this stumbling block they are still on they very revised and delayed schedule to ship their next generation products. #

Is Palm relevant anymore anyway?