As for the iPhone of the present, we now have the first truly malicious iPhone malware going around while Apple continues to grow in the smartphone business, posting more profits that the Finnish giant Nokia.

iPhone Malicious Code Now A Reality

For those who paid no heed to the first ever iPhone worm, here’s a much scarier piece of a news. While the first worm never really did much other than change your wallpaper to rickroll you, there’s a new piece of code that has truly malicious intents for your iPhone.

It attacks the same way as the last one does but instead of making its presence known, it will silently steal all the personal data that it can find on the iPhone and inside the apps. Thankfully, just like the last worm, this malicious program can only infiltrate jailbroken iPhones that have open SSH sessions and have not changed their default root password. So to all those who are jailbreaking their iPhones, do take your time to understand exactly what you are doing and close this gaping security holes. [read]

New iPhone May Be Verizon Only

After the rumors of the next generation iPhone going worldmode surfaced, we now have rumors about the iPhone being made solely for Verizon. This is the result of a confusion regarding reports from chip-maker Qualcomm who have been making new CDMA chips for their parters, including Verizon. [read]

Famous iPhone Dev Quits, First Of The Many To Follow?

After enduring Apple’s shenanigans with the app store approval process, the famed developer Joe Hewitt (creator of the Facebook app)  has officially declared that he is quitting iPhone development. And he makes no bones about being vocal about why he quit, clearly stating that his decision “has had everything to do with Apple’s Policies”.

With so many other developers also complaining about Apple’s policies, Joe’s move may be taken as an example and followed. And if that does happen, Apple will be losing the most important part of what makes the iPhone tick — great apps from great developers. [read]

iPhone Now Has 17% World Smartphone Market Share

Apple is fast closing in on the others in the global mobile Handset Market. After being in the market for barely two and a half years, Apple now constitutes 17.1% of the total global smartphone market.

This is a 50% growth for Apple in recent times, showing exactly how fast a company can grow with the right steps and a brilliant product. The other reason why Nokia is so very important is because it is also one of the largest sellers of smartphones. Its smartphones are the reason why Symbian still holds such a large share of the market. Blackberries may have been very popular in different pockets (RIM is on the wane) but nothing beats Nokia’s worldwide reach. Nothing until now it seems. [read]

Want More Bang For Your Buck? Try The App Store

Analysts have shown that iPhone users have more than just the highest number of Apps to choose from. They also have more value for money when calculated on dollar for dollar. [read]

Apple Creates More Profit Than Nokia

In the last quarter (Q3), Apple made much more money than the world’s number one mobile handset maker – Nokia. And the difference is significant too. While Nokia made $1 billion, Apple made $1.6 billion. [read]

The unnamed source goes on to say that the device could be unveiled as early as this September (few weeks from today), with availability set for November. The only thing that is holding up the process according to said source is the blessings of the all wise Steve Jobs.

Will it sell? That is the question! To be honest I don’t think now is the best time to be releasing a Tablet PC with a $699 to $799 price tag (as analysts are speculating). No, I wasn’t expecting anything under $600, but it never hurts to hope does it?

Despite the odds set against it, I think it’s about time Apple did something in the Tablet PC realm. Granted we have a pretty good idea of what to expect if this device does make it to the market and I’m sure that most of its buyers will be purchasing this based on need and not want, but heck it’s still a nice idea and an entire foot of touchscreen goodness in a package less than an inch thick is awesome to say the least.

While I have had my silent (and not so silent) disputes with the iPhone, I have always thought of the iPod Touch as the best PMP on the market hands down. That said, I still believe its lacking one thing, screen space. An Apple Tablet would be the perfect addition to an already great lineup, and if we’re to believe what is being floated around about eBook reader support, games and robust media capabilities, this wouldn’t be a hard sell among many.

If Apple can convince consumers that instead of buying an Amazon Kindle and their own iPod Touch, they should take that money and put it towards the Apple “iTablet” we might just have a winner. Remember, unlike their computers, Apple’s mobile devices are all about media content, games and everything with the word “fun” in it. Few can find faults with the iPod (except for its outrageous update prices) and bringing the concept to a device Apple will be selling on luxury, and not practicality, is not a bad idea.

Remember, unlike Microsoft, Apple doesn’t have to promise functionality and bargain for its loyal subjects to buy its devices. That said I’m sure there will be a lot more people who will take a look at the ‘iTablet” and while I’m in no way loyal to Cupertino I have to say they would really have to screw up the idea to persuade me not to mortgage my house for one of these.

Let’s just see how Jobs decides to handle this one. So what are your thoughts? Agreement and disagreement is welcome.