The v15.0.015 firmware firstly adds support for YouTube, which on the iPhone and iPod touch is given a dedicated browser; on the N95 however, users must visit the site through the phone’s web browser. The update also finally lets N95 owners run web widgets, which are present on the iPhone in the form of the Weather and Stocks applications.

Although released earlier, the N95 has frequently been considered a rival to the iPhone, mainly due to shared abilities such as music and video playback or nearly desktop-level web browsing. The recent 8GB N95 — which is not yet officially available for the US — may be intended as a direct strike at the iPhone, since both devices have the same, abnormally high amount of built-in storage

January 5th, 2008 at 2:10 pm
Firstly the N95 has a dedicated Youtube.com browser of it’s own now, called emtube. You can play and save .flv files and search youtube too.
Secondly I think the N95 8Gb beats the iPhone in all departments besides interface (which i admit is sexy on the iPhone).