Nokia (NOK) may sell over 400 million handsets a year. It new music download and internet-to-the-phone program may make it the leader in wireless multimedia. But now it is talking about offering HDTV on handsets within the next few years.

"It’s coming. Technically, we are a couple of years away," Nokia’s Chief Technology Officer Tero Ojanpera told Reuters in an interview

The idea may seem clever, but it make no sense. The ability of the human eye to be able to tell the difference between high definition and standard def on a 1.5 by 1.5 inch screen is limited to cinematographers.

It is extremely hard to see how Hi Def will find a market on handset, but Wall St. can count on the fact that it will be expensive to develop and expensive for the consumer to buy.

Douglas A. McIntyre