Japanese executive, Sachio Semmoto, said that Apple’s iPhone "was a total failure" in the US market.
This dude is in the know, he has been in telecoms industry for 30 years.
Just FYI, Dr. Semmotos company total eAccess LTD lost iPhone distribution rights in Japan to NTT DoCoMo
I bet, he is the guy who was laughing when Apple announced their decision to enter mobile phone market.
Full story [Via Yahoo UK]
This happened on Wednesday, May 21, it is very surprising that his statement was not picked up.