The N95 was the pinnacle of Nokia's smartphone efforts in the pre-Windows Phone era. It was announced in September 2006 under the banner "It's what computers have become." For $743, users got a phone with a 5-megapixel camera, GPS and a 2.6-inch screen.
However, Nokia had become too cocky and, like many other companies, it underestimated the threat from Apple's iPhone, which was released just a couple of months after the N95 started shipping.
"Looking back, the N95 and its successor, the N95 8GB, marked the point that Nokia lost its way. Although Nokia's market share peaked at a staggering 40 percent in the following year, the devices that followed, the N96 and the truly awful N97, were the start of the downward spiral," Wood said.