The press has been full of speculation about the new Apple (AAPL) iPhone. The range of opinion runs from Apple become the firm that completely changes the model of the wirelss industry to the phone will flop because it is too expensive.

Add to the reasons that things won’t work out Cisco’s (CSCO) suit claiming that it owns the iPhone name and that is it using the trademark in violation of trademark law. Cisco filed the suit in federal court today.

Just another good reason the iPhone won’t work.

Douglas A. McIntyre can be reached at douglasamcintyre@247wallst.com. He does not own securities in companies that he writes about.