Here's what UK General Manager for Nokia Mike Loughran says about the N97 versus the iPhone 3GS:

"The new iPhone is an evolution rather than a revolution and for people trying to decide whether to get a Nokia N97 or an iPhone, it comes down to a decision on performance and value for money… The new iPhone seems to have the same design and colour, upgrading from a sub-standard two-megapixel camera to a still low 3.2-megapixel camera, and is probably a disappointment for many people given the high tariff and lifetime ownership costs."

It's not about specs—and if we are going to go there, what's up with the N97's dinky processor—it's about being usable. I had hope that the N97 is a stopgap until something better to keep Nokia's head in the game, but quotes like this make me less sure. [Intomobile]