Declaring creativity bankruptcy

I previously wrote about an iPhone copycat product. An unknown company can probably be excused (at least, by those of us who have no intellectual property involved) the desire to make a quick buck off of the latest Apple product. But a large, well-known company? I submit that this is the creativity equivalent of declaring email bankruptcy: Nokia's admitting that they'll never catch up with the rate of innovation of one of their competitors. And this product is vaporware! That's right, they can't even imagine making something that looks significantly different than the iPhone. Sad.